President Trump, who must have missed a lot of classes at Wharton’s School of Business, is now heating up and expanding the trade war with China and with various allies.
He thinks a trade war is a good thing.
Right now, the Chinese stock market is down more than the US stock market, which might give someone the idea that we are “winning” the trade war. I am reminded of what Ho Chi Minh said of the Vietnam War.....”we will take more casualties, but you will tire of the war first.”
Ho was right on both scores.
And, there were no term limits for Ho Chi Minh.