Summary:
Donald Trump has got away with his many trade wars over the last eighteen monthts because the US economy has been on steroids, a form of macroeconomic cheating that briefly steals growth from the future but catches up with you. The rest of the world has been struggling with an auto-led manufacturing slump. This came close to recession conditions earlier this year and touched bottom in August. The Telegraph Ambrose Evans-Pritchard - Donald Trump is losing his trade war with China, and running out of economic time
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Donald Trump has got away with his many trade wars over the last eighteen monthts because the US economy has been on steroids, a form of macroeconomic cheating that briefly steals growth from the future but catches up with you. The rest of the world has been struggling with an auto-led manufacturing slump. This came close to recession conditions earlier this year and touched bottom in August. The Telegraph Ambrose Evans-Pritchard - Donald Trump is losing his trade war with China, and running out of economic time
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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Donald Trump has got away with his many trade wars over the last eighteen monthts because the US economy has been on steroids, a form of macroeconomic cheating that briefly steals growth from the future but catches up with you.
The rest of the world has been struggling with an auto-led manufacturing slump. This came close to recession conditions earlier this year and touched bottom in August.
The Telegraph