I always get a kick out of those who fear we might start a “trade war”. The Boogie Man Trade War.
How can a country that buys far more than it sells lose a trade war?
One example………………………….
After 30 years of complaining Japan still makes it very difficult for many American companies to sell in Japan yet they can import whatever they want. If we cut imports of Japanese cars by 50% until they play fair, who would win that battle?