Australian grain-fed beef exports to China are surging as the trade war with the US escalates, but some are warning of a bigger, more worrying picture.
The US is just going to isolate itself by doing a trade war by itself. The only way this was going to really hurt China was if the US somehow got the EU, Canada and Australia to put the same tariffs on China. Instead the US is just pushing everyone into China’s arms and making things more expensive on their end.
The US is just going to isolate itself by doing a trade war by itself. The only way this was going to really hurt China was if the US somehow got the EU, Canada and Australia to put the same tariffs on China. Instead the US is just pushing everyone into China’s arms and making things more expensive on their end.
When everyone is looking for new trading partners, the only person missing out is the person declining to trade.
Even then China could just say “ok we no send microchip and cell phone” and everyone folds