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The trade war reached another level today with comments from VP Pence and President Trump put Tariffs on Mexico. Later former China Vice commerce minister said China needs to prepare for the trade war to spread to geopoltical areas and on how bad a strategy it is for the US.

China U.S. Investment

Former Chinese vice commerce minister Wei Jianguo was quoted with what could best be decribed as incendiary remarks.

  • Initiating trade war with China might be the biggest strategic mistake made by the US since World War II or even its founding
  • Need to prepare for the trade war to spread to geopolitical areas including South China Sea 

From the Traders Community News DeskLive From The Pit

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