The U.S. Declares War On China, and Makes Americans Poorer

The U.S. Declares War On China, and Makes Americans Poorer
Thomas Peter/Pool Photo via AP, File

Trump's trade war is not about about being patriotic or Making America Great Again or protecting American businesses. It is about politics and bad economics. No one wins a trade war; everyone loses. On July 5, 2018, the United States declared war on China. China mobilized and quickly counterattacked the U.S. This war is a trade …

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