Many people fear a trade war, in particular between the USA and China, the largest two economies in the world. The States start to impose high tarrif on imported goods from China. Obviously, China will aslo take more taxes on the goods imported from the USA. What is the consequence of this battle?
Sound bad, is'nt it?
However, this may force China to export less goods to US, but focus more on her domestic market! That will benefit more people in China, who should thank the decison made by US President Mr Donald Trump, a successful businessman before elected. All folks should think about it - do not use goods to exchange paper money that will then be used for buying US treasury bonds! Have People in China got rich in such goods and paper-money trade?! No, ridiculously stupid move!
