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Who Benefits from Trump’s Trade War?

Koichi Hamada Project Syndicate
A trade war with China poses a serious threat to the US itself, which is bound to suffer severe losses due to trade diversion; and broader damage, as tit-for-tat tariffs reduce overall exports, undermine total global trade, and world economic growth.

The Imperial Intentions of Trump’s Trade War Babble

Andrew M. Fischer Monthly Review Online
The country-based framing of the international accounts serves to obscure the very resilient and virulent foundations of U.S. power, based in the private corporate sector. Corporate ownership and/or control of trade, income and financial flows have become increasingly internationalised, ...
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