With the trade war intensifying between US and China, it is going to get worse before it gets better! Even Elon Musk is trying to coax Trump out of the tariffs imposed on Europe, which means trade war and tariffs not only harm business relationship but also the economy. Little rectification can be done even if the Fed were to reduce interest rates at least not for the near term. China cannot be warned and treated like they were the ones causing all the mess which in the first place was the 'corrupted' siphoning of funds going to their own pockets within the democrats? Just like how Russia cannot be warned but must be through diplomatic means to the last draw. Russia was somewhat better treated than its counterpart China, which was rather unfairly targeted just because they were able to control its internal affairs better?
So it is going to get worse before it gets better, fingers crossed!
Comments