Friday, November 27, 2020

Tag: Here Comes the 30 Year Trade War

Here Comes the 30 Year Trade War

by Pepe Escobar, Russia Insider:

Trade tensions between the US and China could drag on for decades but China’s focus on its Belt and Road Initiative could provide relief

Alibaba’s Jack Ma has warned that the ongoing US-China trade war could last at least 20 years. As we’ll see, it’s actually more like 30 – up to 2049, the 100th anniversary of the foundation of the People’s Republic of China (PRC).

Steve Bannon always boasted that President Trump was bound to conduct a “sophisticated form of economic warfare” to confront China.