, 4 tweets, 1 min read Read on Twitter
How to place US-China trade war in historical context? Transpacific integration will slow, critical links will disappear (no decoupling, but some reassertion of control). Eurasian integration will deepen
And the two processes are linked. We will see stronger economic impact from China in Europe as a direct result of US-China trade war.
As for slowing US-China economic integration it could actually be stabilizing for relations between the two countries. If tariffs stay in place indefinitely, more difficult for US politician to blame China for US economic woes, for example
I would like to know what EU decision makers are modeling. US tariffs could have enormous diversionary impact on Chinese exports, with bigger flows at cheaper prices hitting EU markets soon. Response with TDI? Or?
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