MACRO PICTURE: US-China Trade & Tech War Scenarios
A Controlled Escalation In the Trade and Tech War is More Likely Than a Full Deal or a Full-Scale War
By Nouriel Roubini
14 June 2019
In this paper we discuss:
- The latest developments in the US-China trade tensions;
- Three scenarios of how the situation can evolve over time;
- Why we believe that controlled escalation is more likely than a deal or full war;
- How controlled escalation can morph into either a full deal or a full-scale war; and
- The market implications of the above.
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Download PDF: R&R Trade-Tech War Scenarios - June 2019
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