Bilateral US-China Economic Relationship “is Over”

China responded to President Trump’s 104 percent tariffs by increasing its tariff on U.S. products from 34 percent to 84 percent.  The consequences are serious. “The largest bilateral economic relationship in human history for all intents and purposes is over now, and the decoupling is going to proceed with massive pace,” said geopolitical analyst Peter Zeihan. Zeihan is forecasting a minimum of ten percent inflation for the balance of the year. On his YouTube channel, Zeihan said he does not see a quick solution. “We have two cults of personality on both sides of the Pacific who basically ignore what few advisors they have left,” said Zeihan. “It is now a battle of egos with the rest of us caught in the middle and it will not end well.”