Donald Trump's protectionist economic policies led to the introduction of tariffs on $250 billion of imports from China. President Xi Jinping responded with tariffs of his own, affecting some $110 billion worth of US-made products. As the two global economic behemoths enter a trade war, what are the implications for both economies and the rest of the world?
The trade war violates international norms
The trade war is a legitimate response to China's economic practices
The trade war secures American interests legitimately
China engages in unfair economic practices; America should protect itself
The US has the upper hand; this is a war it is likely to win
US Businesses Will Thrive
The Stock Market Backs America
The US should pick its fights better; trade war with China will harm US consumers and businesses
Fighting a Trade War Will Harm the US
China is likely to win the trade war; it stands to benefit
Incentive for Market Expansion
When you take the US off the valuable trade partner table, China must look elsewhere for trade.
China is more likely to win the trade war
Winning the economic war would have serious repercussions on both China and the world
The trade war will place China at a significant disadvantage
Rising prices damage consumers and the economy
An inevitable result of the trade war is increased tariffs on necessary consumer goods - making life harder for consumers.
Increasing tariffs on Chinese goods harm key exports
The impact of the tariffs will be most strongly felt in businesses
The trade war will harm international free trade and global economic institutions
Trade war undermines global economic institutions
The rules-based international order is good for all. A trade war is disruptive to it.
Trade war causes regional economic harm
Economic harms spillover from China to the surrounding region via a contagion effect.
The trade war will be beneficial to the global economy
Trade war improves China's economic practices
China sometimes engages in unfair economic practices; the trade war will change that.
This page was last edited on Monday, 7 Oct 2019 at 21:47 UTC