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Posted
18 minutes ago, VeryStableEnlightenedOne said:

Source?

A very reliable one

 

This is the hidden content, please

 

Direct quote- ". Despite lamentations by the pouting pundits, the China trade battles appear largely behind us, and the worst-case-scenarios much discussed on the financial "news" over the past year have (once again) proved excessively pessimistic. We never believed an all-out trade war would materialize, but that short-term skirmishes would lead to longer-term gains for all countries involved. We have already seen it happen with several countries, and now China looks to be extending an olive branch, too. Average tariffs in China were cut from 9.8% in 2017 to 7.5% in 2018. We see this as real progress, and just the start. The US's negotiating position is strong, in no small part due to the rise of the US as an energy powerhouse. "

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