Trade War "Chess" Leaves U.S. And Global Economy With "Catastrophic" Uncertainty | WHAT REALLY HAPPENED

Trade War "Chess" Leaves U.S. And Global Economy With "Catastrophic" Uncertainty

The U.S.-China trade war started reaching the boiling point last year, with “tit for tat” exchanges between the two countries adding tension to an already uncertain economic outlook in both countries.

But now it appears the trade war is reaching a fever pitch, and it’s expanding to include areas with much smaller economies like Venezuela and Africa. According to Forbes (emphasis ours):

The next US-China trade war won’t be fought in Washington or Beijing over trade frictions. It will be fought in Venezuela and Africa, where China has been an active investor, antagonizing the US.

The short version: A “contagion” could be created as a result of new trade sanctions placed on Venezuela, a country already teetering on collapse.

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