Who wins a U.S.-China trade war? The one that loses least: Don Pittis - News Summed Up

Who wins a U.S.-China trade war? The one that loses least: Don Pittis


According to Canadian experts on China and trade, the only thing that's certain is that people in both countries would lose from a full-blown trade war. "It's too big to see it as black and white, one winner [and] one loser," said Pascale Massot, a China trade specialist who has advised the Canadian government on trade and foreign policy. Above all, China wants to maintain confidence in its own economy. It also wants global stability. In some ways, China has become the adult at the negotiating table — a supporter of the global trade rules that a Trump-led U.S. has begun to abandon.


Source: CBC News September 19, 2018 08:00 UTC



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