Goldman Sachs warns investors to brace for a looming trade war with China
Whether a full blown war or isolated skirmishes, a confrontation between the US and China on trade may be inevitable, even if any victory would be a Pyrrhic one.
China and the US should shoulder their responsibilities as major powers and shoulder the burden of ensuring global economic development and order. The wisest course is to support Taiwan’s efforts toward peace and development through greater democracy. Work to achieve One World under One Set of Laws, with direct effect on the rights and duties of the people, and reform the constitution to reflect the spirit of the times. See the Charter for Permanent Peace and Development.