The US economy recorded a 3.1% growth in 2018, exceeding the 3% ambitious target set by Trump, while the labor market was strong. Trump’s tax cuts have created a great momentum for the world’s No. 1 economy. A series of developments in 2018 made Beijing hold its breath with trade and technology, while Russian President Vladimir Putin was worried.
However, developments in the first half of 2019 really mark Donald Trump with a 25% tax on 200 billion USD of goods imported from China and a direct attack on the No. 1 technology company. China Huawei.