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With Trump posturing and positioning and China responding in kind, what are the implications for the world if this pending trade war happens?

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The Argument

The stock market and investors back the US over China, as the S and P 500 rose, rather than falling after the imposition of tariffs. This shows that investors and business across different sectors believe it will be helpful rather than harmful. It also means the US will be more able to ride out temporary economic setbacks caused by tariffs, as investors believe they will prosper in the long run.

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This page was last edited on Thursday, 23 Aug 2018 at 15:28 UTC