The escalating U.S.-China trade war could become a “forever war” that ultimately drags on with no clear end in sight, according to Stephen Roach, who is an expert on the Chinese economy.
The former chair of Morgan Stanley Asia took issue with the U.S.’s latest trade policies against China during public remarks in Beijing on Friday. A trade war between the two countries would be a “blunder” that would ultimately leave both worse off, Roach said in comments first reported by Bloomberg.
