Column: China fails to learn from Trump backfire in trade war, is losing against Australia | Reuters
river last edited by river
An interesting finding: the country who started the trade war suffered more than the targeted country. A lesson from history can never be learned.
But the author didn't mention the wine industry in Australia, since China has also imposed a heavy tariff on it. I remember when the news appeared on social media, it incurred a firestorm, everybody seemed to support Australia wine. Also it was a pain for Chinese consumers because it meant the food safety issue is deteriorating.