U.S.-China Trade War Poses Biggest Risk To Global Stability

The U.S.-China trade war poses the biggest risk to global stability and fiscal stabilization is needed to respond to economic shocks in Europe, IMF First Deputy Managing Director David Lipton said on Monday. “Obviously, this is not a matter for Europe alone. The United States needs to get its fiscal house in order as well. U.S.-China trade tensions pose the largest risk to global stability,” Lipton said during a conference in Lisbon. The trade dispute, which began some eight months ago, has affected the flow of billions of dollars of goods between the biggest and second biggest economies in the world.

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Global stability is a joke. Trade wars will lead to shaky trade... No surprise.  

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If one country has such a larger GDP than other, rules are clear: you are going to be under their rule eventually! It's a global stability.👎

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This trade war is just the opening salvo in what at best will be a cold war, or at worse something resembling the 1930s-40s. Great powers rarely peacefully transition.

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2 minutes ago, damirUSBiH said:

This trade war is just the opening salvo in what at best will be a cold war, or at worse something resembling the 1930s-40s. Great powers rarely peacefully transition.

It's possible. I believe China is a rising power trying to find its way in the world: Europe, Asia, even south America... They simply over estimate capabilities...

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12 hours ago, rainman said:

The U.S.-China trade war poses the biggest risk to global stability and fiscal stabilization is needed to respond to economic shocks in Europe, IMF First Deputy Managing Director David Lipton said on Monday. “Obviously, this is not a matter for Europe alone. The United States needs to get its fiscal house in order as well. U.S.-China trade tensions pose the largest risk to global stability,” Lipton said during a conference in Lisbon. The trade dispute, which began some eight months ago, has affected the flow of billions of dollars of goods between the biggest and second biggest economies in the world.

Global stability basically means giving the globalists whatever they want and the middle classes get the crumbs. We are diminishing the economies of China, Russia, the energy cartels and others. Allowing business, as usual, is losing.  Our economy is growing. 

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4 minutes ago, ronwagn said:

Global stability basically means giving the globalists whatever they want and the middle classes get the crumbs. We are diminishing the economies of China, Russia, the energy cartels and others. Allowing business, as usual, is losing.  Our economy is growing. 

https://theconservativetreehouse.com/2019/03/25/trade-winning-international-trade-court-rejects-challenge-to-trumps-steel-and-aluminum-tariffs/

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5 minutes ago, Tom Kirkman said:

First president we have had in ~30 years. 

Get this: You do not want tariffs?  Join, become a single nation.  Otherwise you are just boosting your potential enemies economies.  Can only "free trade" with like minded, regulated, countries.  This basic fact of life was ignored in the Utopia hoopla after the Collapse of the USSR. 

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