As trade tensions between the United States and China continue to escalate, Anthony Scaramucci, the founder of Skybridge Capital, has issued a stark warning about the potential consequences of the ongoing dispute. The U.S. recently imposed 125% tariffs on Chinese goods, prompting fears of retaliation from China.
Scaramucci, a well-known figure in the financial world, took to social media to outline his concerns about the situation. He emphasized that China is likely preparing for fierce economic retaliation in response to the tariffs imposed by the U.S. This retaliation could take the form of currency shocks, massive stimulus measures, and financial warfare.
In his statement, Scaramucci outlined a 5-point forecast on China's potential next moves in the face of rising trade
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