#NFLDraft
Donald Trump fired the first shot but is he ready for this fight? With China’s president on the second leg of a regional tour of Vietnam, Malaysia and later Cambodia, it looks like the coalition building phase of a conflict that’s sure to upend global supply chains and rewrite the rules of globalization as they’ve stood since Beijing entered the World Trade Organization in 2001.
To win a war, you need strength and resilience, not just from the foot soldiers and officers in the trenches of trading floors, factory warehouses and board rooms but from the civilians back home. Who of China and the United States has a more resilient population, one with the skills to adapt in a crisis and make the right choices?
And what do third parties say? Do they pick a side? The current model of globalization depends on free movement of goods, services, people… and ideas. Is innovation possible if all the planet’s superpowers opt for top-down models where autocrats and oligarchs rule?
#trade #china #trump
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