Global Trade War Baked In The Cake: Boeing Faces China's Wrath
Submitted by Michael Shedlock via MishTalk.com,
I have been warning about the increasing likelihood of a serious global trade war for quite some time.
That warning is now my baseline scenario. Unless there is an immediate deescalation of rhetoric and a return to rational thinking, a very destructive global trade war is baked in the cake.
I seek ways that a global trade war does not start, but I come up short.