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I think it is "unknowable" given how unpredictable this administration is, and how the global market will react/adapt. So better not waste too much time thinking about it.
That said, investors investing in industries that are directly impacted and particularly vulnerable (US and Chinese companies whose main business involves importing and exporting from one another?) may need to brace for short term impact.
Personally, I think the current Chinese government is quite pragmatic. It's more likely that they will attempt to reach a satisfactory concession than letting this "trade-war" drag on.
That said, investors investing in industries that are directly impacted and particularly vulnerable (US and Chinese companies whose main business involves importing and exporting from one another?) may need to brace for short term impact.
Personally, I think the current Chinese government is quite pragmatic. It's more likely that they will attempt to reach a satisfactory concession than letting this "trade-war" drag on.
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger