08-28-2019, 11:36 AM
(08-27-2019, 11:07 PM)GMDino Wrote: Or, you know, just understand that the tariffs are hurting the Americans more than China and it's a bad policy.
You know, maybe that instead.
I am completely on your side here, but it is actually hurting China more (not to say it's not hurting America, it definitely is. Kind of a mutual destruction). Here is a lot of good info on the "trade war". Fair warning, it's a lot of reading:
https://economics.rabobank.com/publications/2019/august/leaving-china-countries-might-benefit-from-relocation-production/
https://insights.abnamro.nl/en/2019/08/macro-weekly-playing-with-fire/
https://www.johnsonbank.com/Resources/Articles/2019-03-21-As-Smart-As-a-Fifth-Grader
https://www.pgim.com/wps/wcm/connect/0f771be7-416d-4562-81a2-4abce1bb65ea/PGIMFixed+IncomeImplicationsofaUSChinaTradeDeal.pdf?MOD=AJPERES