Through this comparison it also shows that quarrels, and
even full blown wars, are often a matter of miscommunication.
Not exact matches
Their main reasons for panic were that the Chinese government could retaliate with its own tariffs on U.S. goods; that steel and aluminum prices would rise, causing a ripple of inflation; and that Trump's move would spur a
full -
blown trade
war, slowing the economy and potentially
even sparking a recession or depression.
Advisors Navarro and Kudlow, along with Treasury's Mnuchin, said this was not a
full blown «trade
war,» but were vague as to whether negotiations had
even begun, while China's commerce ministry denied any talks had been launched.»
A
full -
blown trade
war might be enough to short - circuit the recovery, they said, but isolated tariffs —
even large ones — most likely are not.
China may slow worse than the
even the bears expect, and the Middle East could erupt into a
full -
blown war at any time.