...what you see now is trade paralysis, no one knows what to expect and what to do.
...and Trump is doing all his best to delay and protract the uncertainty, not good for global economic growth.
...arguably as many economists believe, the uncertainty is a bigger poison than the tariff itself.
...uncertainty dampens global trade, consumption, investment and overall market confidence.
...the 'trade war' won't end until all major trading nations capitulate and cave to Trump's demand for major concessions. If these countries want to avoid economic pain, they unfortunately need to learn a thing or two from the Middle East Trump playbook - pander to his ego, make him feel great and shower him with lavish personal gifts, he says he has US trade interest at heart, but it is all tradeable. Japan and South Korea comes closest to that, not China, not EU.
