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Trump's trade war is a 'Stop, or I'll shoot myself in the foot' strategy - CNN cnn.com/2019/12/04/bus…
We are engaged in a stop or I'll shoot myself in the foot strategy. It's hard to know just how adverse the impact will be. But the direction is clear.
Uncertainty can paralyze economic activity.
Ronald Reagan's statement about nuclear war is the more accurate presidential statement about trade wars: They can never be won and should never be fought.
We are 10 years into recovery with optimistic asset markets. We are at a complex moment. Things are more fragile because of our trade war with the world.
Markets are at levels where they could possibly fall a long way. That makes the moment riskier than a normal moment.
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