Comment by defrost
17 days ago
> One, make the rest of the world pick a side. And two, attempt to disconnect global dependence on China.
Logically this may well push many to greater trade with China.
China has a growing middle consumer class already greater in number than the total population of the USofA. China already has global scale manufacturing in place, now looking for fresh markets as US markets lower demand due to tariffs.
Smaller countries, say Australia, can trade their wagyu beef to China now that the US has tariff'd the US demand down towards zero .. in a number of ways the US has removed itself from global trade which will continue on with or without it.
No comments yet
Contribute on Hacker News ↗