Re:Yield Curves Invert in U.S., U.K
by jbay808 on Wednesday August 14, 2019 @12:41PM
(#20697260)
I would have guessed that it's an attempt to make other US-friendly countries (Vietnam, Phillipines, India, etc) relatively more attractive as places to set up factories, to move that manufacturing base out of China and reduce their geopolitical influence.
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The other--more suspicious and dismissed as conspiratorial--benefactor of of this trade war Russia and the bolstering of Russian industries. America is importing a lot of Russian steel [1] and aluminum [2], and Russia is been ready to fill the food gap for China that they used to get from the US [3].
[1] https://www.bloomberg.com/news/articles/2017-10-25/under-tru...
[2] https://time.com/5651345/rusal-investment-braidy-kentucky/
[3] https://www.scmp.com/news/china/diplomacy/article/3013549/ru...