The Trade Talks Between the U.S. and China Are Dead, the Result? Higher Prices, Lower Standard of Living, and Job Losses

The Trade Talks Between the U.S. and China Are Dead, the Result? Higher Prices, Lower Standard of Living, and Job Losses

    By Michael Snyder There is not going to be a trade deal between the United States and China any time soon, and that is going to mean a tremendous amount of pain for the U.S. economy. For months, hope that the U.S. and China would soon reach a trade deal helped to...
Global Markets Drop After Trump says China ‘Broke The Deal,’ ‘So They’ll Be Paying’

Global Markets Drop After Trump says China ‘Broke The Deal,’ ‘So They’ll Be Paying’

    By Michael Snyder It sure looks like nothing can stop the trade war now, and that could potentially be absolutely disastrous for the global economy. The last major trade war began in 1930, and it turned an economic downturn into the Great Depression of the 1930s....