💨 Abstract

Evan A. Feigenbaum, Vice President for studies at the Carnegie Endowment for International Peace, believes that financial markets are pressuring the US administration to change its course on the tariff war with China. The tariff war is expected to cause catastrophic effects on both the US and China, with potential supply shortages and inflation in the US, and pressure on China's export sector and potential deflation.

Courtesy: theprint.in