>>>> Meanwhile that market (China) is pretty much closed to U.S. exporters - so farmers, chemical makers and others are going to suffer greatly.
>>
>>The US market is infinitely more valuable than the Chinese market and China knows that.
>>Trump is right. They will have to lower their tariffs now that he has called their hand.
>
>I am still debating myself whether a "still" or "currently" is missing in your first sentence. Short term ROI view favored by western biz schools gives myopic views...
Per JM Keynes:
But this long run is a misleading guide to current affairs.
In the long run we are all dead.
Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is long past the ocean is flat again.
Anyone who does not go overboard- deserves to.
Malcolm Forbes, Sr.