Trade War Fallout: Who Really Wins in a US China Decoupling?
The latest economic war game scenario from Chinese researchers suggests that decoupling between the US and China could have unintended consequences, benefiting most other nations in the short term.
This scenario assumes a 10% increase in tariffs, which would lead to losses for both superpowers while providing temporary gains elsewhere. From a historical perspective, trade wars have been a double edged sword.