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2 comment(s). Last comment by ks55 2019-05-07 14:21
Posted by ks55 > 2019-05-07 14:21 | Report Abuse
Since tariffs rest upon importers, and pass onto the ultimate end-users, let Donald Duck impose on those goods, and US voters do the rest to end the trade war.
Consumer goods are unelastic.
Unless Walmart can find alternative source of supply, US will lose trade war by voting machine.
That is the reason Chinese is no longer desperate to cut deal with the Duck.......
No result.
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
pussycats
7,640 posts
Posted by pussycats > 2019-05-07 14:15 | Report Abuse
Nobody wins in trade wars between US vs China.
Sad.