Let’s face it – it’s China in Trump’s cross-hairs, not Europe.
The Administration is targeting Chinese high-tech, apparel, and investments into the USA – far more precise moves than the blanket tariffs on industrial metals proposed earlier. Still, the euphoria from tax cuts is getting replaced by fear due to protectionist rhetoric, which the Chinese are now imitating better than high-brow handbags.
– Are trade wars ever effective?
– What do investors stand to lose?
– Can China afford to retaliate?
Take a look as we pick apart the forecasts on tariff impact and show why China shunning US agri-biz is mostly self-defeating.