Prince posted:Trump will win any trade war with (NAFTA), China, and the EU, etc. I read another expert report that stated country like China is playing hardball with the U.S. but has much to lose. Most of the countries were sucking up the Ameican gravy on trade for too long and Trump is pulling the plug on them. The media is doing more harm to the actual trade deal than what the experts are telling us. China was at the top of Trump's campaign agenda and he is prioritizing on his promise. Unleashed the war hog...
Their Stock market dropped 10% yesterday. They have no more to add retaliatory tariffs as they purchase 130 Bil from the US which the US takes over 500 mil. Trump has the upper hand as China is an export economy of which the US is the largest partner.
However, there could be disruption in many companies supply chain, so we will suffer in the short term.