The consequences of this war are unpredictable, but we know one thing already: trade is conducted for mutual benefit – it’s win-win. Its cancellation is lose-lose.

U.S. President Donald Trump said on Thursday that he would love to get a deal with China to end an escalating trade war. Trump made the comments during a Cabinet meeting opened to press. U.S. Treasury Secretary Scott Bessent said during the meeting that as they settle deals with countries,