FT explained the future failure of the US trade war against China

US President Donald Trump's trade war against China is doomed to fail for several reasons at once. This was reported on April 13 in the Financial Times (FT) newspaper.

"Most countries now understand that the various economic arguments offered by Trump's advisers are just a show-off. As long as Trump is in power, the United States cannot be relied upon, and no sane leader will join him in a crusade against China," the publication says.

The publication noted that the dependence of US foreign policy on the government debt market and the current situation of China, which is "well prepared for a war of economic exhaustion against the United States."

"If the goal of Trump's new trade war with China is to force Beijing to bend the knee to the might of the United States, then the result will only be frustration and disappointment," the newspaper writes.

Market conventions: China and the EU may join forces in a trade war against the United States

The share of their total GDP in the global economy will reach a third in the coming years, but it is unlikely that the countries will remove all barriers.

On April 13, The Washington Post predicted the economic collapse of the United States and China due to the escalation of the trade war. It is clarified that this confrontation increases the risk of massive economic consequences and an escalation of the conflict between Washington and Beijing.