Missed this from Alan Kohler yesterday but it’s worth revisiting:
What America and China are working on, I suspect, is not a trade war but a free-trade agreement — an FTA. They’re shouting at each other first because that’s how Donald Trump negotiates.
That might seem a fatuous statement with which to kick off a column on this subject, what with all the sabre rattling and talk of a trade war sending the stockmarket tumbling, but there will be a deal eventually, even if they do impose tariffs on a few of each others’ exports for a while. There has to be a deal.
