Imposing tariffs on all or most countries, then resorting to divide and rule tactics by appearing to take away from China and give to Europe, may reflect a strategic and tactical perception of trade wars. Photo: AFP

The mantra that there are no winners in a trade war still stands

Donald Trump has announced an agreement with the European Union that will leave the US free to focus on China in its trade dispute. But with more US industries likely to seek help in the face of tit-for-tat tariffs, the case for cooler heads to engineer a pullback from the brink only gets stronger

Topic |   US-China trade war

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Imposing tariffs on all or most countries, then resorting to divide and rule tactics by appearing to take away from China and give to Europe, may reflect a strategic and tactical perception of trade wars. Photo: AFP
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