Trade: A War Trump is Likely to Lose
With yet more mutterings emerging from Washington about the onset of a trade war between the US and China, are the United States really in a position of strength as President Trump seems to believe? Given that the US are far more dependent upon their exports to Chinese markets than China are on imported goods from the US, perhaps this is another example of the President making up policy on the go and not thinking through the implications of what he triumphantly rattles off on his Twitter account.
A great article to use when studying protectionism, free-trade and globalisation. [Click on image to read the full article].