Comments by "" (@TheDavidlloydjones) on "Discussing what could happen next in the US-China trade war | The Rundown" video.
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China doesn't need to retaliate: Trump is attacking China by hitting America on the head. "Look, look, we're ruining our own economy so we won't buy as much from you" is the Trump attack. Sure it hurts China. It reduces the wealth of the entire world. But it hurt Americans and America first.
The only reason for retalisation during a trade "war" is to impress home constituencies. There's nothing an angry electorate likes as much as the sound of war. Smoke. Noise. Anger. Poses with flags!
It's impressive, but it's stupid. The smart thing for China to do, faced with America going nuts, is simply to be patient and wait for it to pass.
This is a storm of stupidity -- but it's a storm in America, and the rest of us just have watch and try not to get rained on. We're going to be hit a little bit, everybody, everywhere -- but it's the American worker, the American farmer, and the American taxpayer who are going to take it in the nuts.
Sad.
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