4 minutes ago
The largest trade war in economic history
The stronger the Chinese economy gets, the harder it gets hit. China, the second largest economy in the world, has been developing at a fast pace. Having products that are the most competitive worldwide, such as Huawei. And of course, it imposes a huge threat to the world’s lead economy, the country with the biggest EGO, the United States.
Once Huawei hit with its highly developed features and competing prices, the U.S’s ego did not want to take the chance in being “2nd Place.” Therefore, a ban of Huawei from the United States Market was decided upon.
For years and years, this is how wars have always begun. And with wars, damage will always be prevalent, which can directly and indirectly ripple its effects worldwide.
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