It does help them if they think retaliation will pressure the initial levier (the U.S.) to scale back their tariff schedule. It hasn’t worked out like that but that’s the theory. Also, China isn’t as subject to popular pressure as western democracies. Yes, I agree with you, trade wars are wasteful, harmful, and just a bad idea overall.
It does help them if they think retaliation will pressure the initial levier (the U.S.) to scale back their tariff schedule. It hasn’t worked out like that but that’s the theory. Also, China isn’t as subject to popular pressure as western democracies. Yes, I agree with you, trade wars are wasteful, harmful, and just a bad idea overall.