Trade War Spin In addition to announcing that it will respond to U.S. tariffs with more duties on American goods, Chinese Commerce Minister Zhong Shan said:

China can achieve “high-quality” economic growth despite the toll exacted by tariffs - “China always holds on to the belief that bad things can be turned into good things.” “We suggest the U.S. return to rationality and not act impulsively, as it will eventually hurt itself.”

At this juncture, the evidence appears to be to the opposite.   A New Trade Era Ahead Either to be the opposite of Donald Trump or out of recognition that losing the North American market would be harmful, there is more political support for NAFTA now than before...