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The US is on track to lose its trade war against China, economist Stephen Roach says

“The U.S. and China are aged in the early innings of a trade war, and prominent economist Stephen Roach says it’s the United States that’s on track to lose” writes Senior Fellow for cnbc.com. “We’re in the early stages of fighting skirmishes in a real, live trade war.They’re easy to lose, and the U.S. is on track to lose this trade war,” Roach, a senior fellow at Yale University and former Morgan Stanley Asia chair, told CNBC’s “Squawk Box” on Thursday.
 
Source: cnbc.com



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