We do not believe the global headwinds to prosperity will be eliminated by a rollback of tariffs between the United States and China.
China’s economy doesn’t need stimulus to offset the impact of the U.S. trade war. The bigger threat: African swine fever.
We are on the alert for more bad global economic news in the months ahead if the drop in world trade continues.
Team Trump has set off the mother of all trade wars with China by making a series of gross miscalculations.