The US and China are at it again. Their dysfunctional relationship has once again led to talk of a trade war and the Americans walked the talk as they imposed another 50 billion dollars worth of tariffs on goods imported from China. The Chinese hit back once again with tariffs of their own. This time around, even India and Europe grumbled about US protectionism and levied their own tariffs to make a statement.

I am not sure if a full-fledged trade war is on, but Harley Davidson moved production of some of its bikes out of the US. Could that be an indicator, a portent of things to come? Or is it just an indicator that market economics don’t care for campaign promises and political bluster?