I recently spoke with Robert Kiyosaki for the Rich Dad Radio Show about the danger that the US – China Trade War may soon become a new Cold War.

In just over two months from now, President Trump intends to increase the US trade tariffs on $250 billion of Chinese goods from 10% to 25%.  If he does, that will deal a serious blow to China’s already weak economy.  China will retaliate.  The consequences could be dire.

A US trade war with China has the potential to ignite geopolitical tensions on a scale that hasn’t existed since the collapse of the Soviet Union.  Economically, a trade war has the potential to bring about a global economic crash at least as bad as that of 2008, and possibly much worse. Click on the link at the bottom of this page to listen to Robert and I discuss the risks.

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Click HERE to listen to this interview now.

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Source: Richard Duncan Economics

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