Also, once trade is redirected away then what is the incentive to start trading with the US again, especially if the US goes into a recession and consumption drops. Seems to me that this could be a self reinforcing phenomenon where the collapse of trade could trigger an economic crisis which will ensure that the US becomes isolated.
Also, once trade is redirected away then what is the incentive to start trading with the US again, especially if the US goes into a recession and consumption drops. Seems to me that this could be a self reinforcing phenomenon where the collapse of trade could trigger an economic crisis which will ensure that the US becomes isolated.
The incentive is growth and profit as always but it’ll be much slower to restore than it was to destroy.
exactly, the US isn’t going to be playing from a position of power going forward