Posted inBeijing, China, European Union, Germany, Middle East, Shanghai, Turkey, World

Can the US win a trade war?

Contrary to what President Donald Trump thinks, trade wars are neither good, nor easy to win. But ultimately, as in any war, there are winners and losers. In that respect, the US president is probably right in his implicit assumption that the US, not China, is likely to come out ahead in its steadily intensifying trade […]

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