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RE: Can currently excalating TRADE WAR be good thing for crypto? I would like to know your opinion.

in #crypto6 years ago

The current US administration has chief complaints seem to center around a number of key issues, namely, restricted access to Chinese markets a for American goods and services, excessively high tariffs on US imports, and an artificially manipulation of the value of the Yuan. The Trump administration has also viewed a number of existing arrangements with trading partnership as detrimental to US interests, NAFTA, EU, and the ill-fated TPP just to name a few. Believing in brokering better deals, President Trump seems to favor negotiating bilateral agreements on a country-by-country basis rather than in dealing with regional trading blocks. A full on trade war between the US and China would not be in the interest of either country. I personally think that Trump wants to take a tough position but is willing to negotiate as long as he believes America will have a strong hand to play.

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What an amazing comment @jaalig

Thx for sharing your opinion and knowledge. Appreciate it greatly.

Yours,Piotr