Can China Defeat America In The Trade War?
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Of all the disruptive policies President Trump has made so far in his second term, his hardball strategy to reform global trade has received the most scorn.
His detractors call it "non-sensical" and "hamfisted".
That it's based on faulty logic, poor math, and has done grave injury to relations with our closest allies.
They fear it's actually driving the rest of the world into China's -- our chief competitor's -- arms. And as a result, substantially damaging America's future prospects.
Is this true? And is this the reason why bond yields are rising, the dollar is weakening, and gold is soaring?And most importantly, will China end up drinking America's milkshake?
For answers, we're fortunate to welcome back to the program Brent Johnson, CEO & Portfolio Manager at Santiago Capital and publisher of The Macro Alchemist.
Video Length 00:00:00
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