051 #DISUNOMICS - TRADE WAR SZN: TRUMP VS CHINA
This week I'm back with ANOTHER geopolitical struggle this time it's between the United States and China! Trump announces tarrifs on China's ass and it's started the trade war between them. This week I give a quick breakdown on international trade and the current jihad between Trump n em.
> Why trade?
> What is comparative advantage?
> What is a tarrif?
> What is a quota?
> What is a subsidy?
> Trade blocs
> History of Chinese malpractice in trade
> Why Trump went on the attack?
> What can China do?
> How China has responded?
> How does this impact the consumers?
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Shout outs:
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