"not a trade war"
Key point: When the U.S. counters in a trade war, it's hurting *Americans*.
(Tariffs help some American producers, but hurt American consumers even more.)
(Tariffs help some American producers, but hurt American consumers even more.)
Here's how a trade war works:
- The U.S. fires off a round of tariffs, which hurts both China and the U.S.
- China retaliates, which hurts both China and the U.S.
- This continues as each round hurts both China and the U.S.
- Somehow someone wins(???)
Awesome, huh?
- The U.S. fires off a round of tariffs, which hurts both China and the U.S.
- China retaliates, which hurts both China and the U.S.
- This continues as each round hurts both China and the U.S.
- Somehow someone wins(???)
Awesome, huh?
The question is, which superpower can continue punching its own people in the face for the longest?
Overnight markets look pretty unhappy about the President repeatedly punching Americans in the face. 
Guys, it's time for some game theory.
<game theory>Don't start a trade war. </game theory>
<game theory>Don't start a trade war. </game theory>
