The U.S. China Trade War May Cause Multipolarity Instead of Deglobalisation

The U.S.- China trade, technology, and possible currency war suggest a continued escalation beyond rhetoric, with negative implications for trade in an already slowing global economy. Following the bout of tit-for-tat tariffs, talks of “deglobalization” have emerged strongly, with falling trade volumes between both countries undoubtedly supporting this narrative. Such claims, I think, are however misplaced as the unintended consequences of the trade war could incentivize, rather than impede, trade amongst other economies in…

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Henri Kouam

Henri Kouam

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I am an economist and contributor to Nkafu policy, a think tank. I cover global economic, fiscal and monetary policy with policy and asset price implications.