The Trade Deal Has Collapsed

Count me as surprised, but it seems like the China trade deal is collapsing.  Surprised because both sides, China and the US, have much to lose in this battle.

While there’s certainly some temporary local benefit to various pockets and sectors of the economy, the fact remains that the world economy is still exhibiting signs of slowing down and anything that puts additional weight on the economy right now could be the stone that sinks the barge.

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