Bear in mind that I’m not an economist, so this is a layman’s take, and I’m very much open to correction from those who know more about the subject. But I struggle to see how Trump is going to win a trade war against the whole world at the same time. If he was just going at Mexico, Canada, or the EU, I’d be quite confident he could kick their asses, because the US economy is just so strong. But all of them at once? Even the UFC champ can’t take down the entire roster simultaneously – there does come a point where you just take on too many enemies and you’re overwhelmed, no matter how tough you are individually. It seems like a case of biting off more than you can chew – although, granted, this is not my area of expertise and there’s every possibility I’m wrong. Would love to hear people’s thoughts.
– Ben