US-China trade war

no one is going to win the trade war, but the prices are going to raise.

 

US reaches deal to lift steel and aluminum tariffs on Canada and Mexico: Sources
Someone just won a trade war with Mexico and Canada

 

Talking about tariff wars in general. They can be greed on eventually.

And it also gives some hope for the US-China trade war....

 

This is what citizens and the media don't understand and I will go further to say most politicians don't understand how they get their country into trade wars. They confuse capital flow movement with the issue of trade when in reality trade accounts for less than 10% of capital flows. A simple breakdown is let's say XYZ company buys US government bonds and move just a portion of their portfolio in that direction then that company automatically ends up in a trade deficit so this is where USA and China are at today. Prior to this China mess, the US biggest trading partner was Mexico and Canada yet when you look at the capital flow Mexico meant nothing to the US because Mexico didn't buy US bond, real estate and equities, vice versa.

To me, this is just noise and there is something bigger behind the curtain that's in play.

 

And job flow??

 

Under the terms of the agreement, China agrees to buy American goods in exchange for the United States reducing tariffs and not imposing new tariffs.