Can't fight a trade war like a cold war. I actually think Trump is doing it right. I mean, if you're going to fight a trade war, you have to do the kinds of things he's doing. Now the problem is... economic reality. If the other guy just has the bigger market long term, especially if they can grow their market without you, you're just at a disadvantage. I think we can get some short term wins, but in the long term, we would have to prosecute this trade war flawlessly to come out on top.
That's just the reality of large markets looking to de-link themselves from global carbon energy resources. Long term, if we're all intent on ending the age of oil and coal, there's just nothing to keep everyone cooperating with each other.
That's just the reality of large markets looking to de-link themselves from global carbon energy resources. Long term, if we're all intent on ending the age of oil and coal, there's just nothing to keep everyone cooperating with each other.