Which is?
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Likely to be a no-op
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Sad to see how few people vote “good for us” and bad for world. US may well gain from the trade war, but in the long run their retreat from a rules-based order is super bad news for all the mice at the feet of the elephants Like my country – Australia
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No idea, this is really complex. I don't think even trade economists know.
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It's predatory capitalism in a highly refined form. Drive prices down, buy, ease trade restrictions. It's a clowns guide to pumping a market. "Who loves china more than me?"
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It'll be the demise of rule of law in international trade. Establishment of a set of rules that 160+ WTO member countries agreed to abide by was a remarkable achievement in human civilisation, but the trade war will see those rules being tragically disregarded
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Certainly bad in the short term (re-orgs typically are, and this initiates a global one). Unclear long term..
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