Double Down – The US is in a Trade War but Doesn’t Know It

As the race to replace Obama heats up, one question is: will Obama alley-oop his Asia Pivot to Hillary? Or will Trump steal the ball and dribble away toward isolationism? Dan Collins of TheChinaMoneyReport.com says that the US is in a trade war but doesn’t even know it; and China fears a Trump presidency because he could fight back by, for example, cutting corporate taxes from the highest in the world to something more competitive with China.

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