Friendly Fire: Cold War 2.0 Claims First American Casualties

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Donald Trump’s trade war with China kicks off and the Pentagon’s dream of refighting and rewinning the Cold War, this time with the People’s Republic of China instead of the USSR, is one step closer to reality. But be careful what you dream for. This might be the war we don’t win.
The collateral damage in Cold War 2.0: American consumers and businesses. They are expected to suck up a few tens of billions of dollars in increased costs so that the United States can take another step in “deChinafying’ the American economy.
Scorched earth economics: what’s in it for you? Other than higher prices, I mean.

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