Season 1 · Episode 122
Will China survive the trade war?
Debunking Economics - the podcast · Steve Keen & Phil Dobbie
October 31, 201834m 46s
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Show Notes
President Trump looks set to step up the tariff battle against China as he embarks on the fruitless task of eradicating their $380 billion trade deficit. With no peace talks on the horizon its very likely his administration will impose a 25% tariff on all Chinese imports. Meanwhile, we’ve seen the US dollar reach multi-year highs, the Renminbi falling to new lows and the Chinese stock exchange shedding foreign investors by the bucket load. So, can China survive this battle?
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