Maybe I never got to the part of an economics education that covers exceptions having stopped at intro econ, but don't trade wars almost always lead to bad times?
- People used to think Japan was going to overtake the USA, until a short trade war in the 80's sent Japan on a downward spiral.
- The trade war against Russia hurt the West a lot with higher energy and food prices, but it whacked the Russian economy very much harder.
- The same thing can be said for the West vs USSR - it hurt the West, but bankrupted the USSR