Welcome to the Trade War

ArticleBanking crisisFebruary 6, 2018 - 4:14:30 AM

James Rickards reveals his opinion about the economic conflict which oppose China to the USA.

Ready or not, a trade war between the U.S. and China is underway.

On Monday, Jan. 22, President Trump announced steep 30% U.S. tariffs on imports of solar panels and washing machines.

What was significant about these tariffs is that they are being applied worldwide. The tariffs are not aimed at China alone, but China is by far the largest source of solar panels shipped to the U.S., and China and South Korea are the largest sources of washing machines...

Source: dailyreckoning.com

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