In an article published by Sun-Sentinel on May 15, 2019, David Lyons interviewed Tony Villamil, a long-time economist who heads The Washington Economics Group, Inc. (WEG) of Coral Gables. During his interview, Villamil called the trade warfare “very short-slighted policy. The two largest economies in the world should work this out.”
The irony is that many business operators and economists agree with the administration that China is a longtime practitioner of unfair trade that steals intellectual property and U.S. technologies.
“China is not a fair trader and it is important to point that out.” But an economic slowdown is in the offing worldwide, Villamil warned, citing a report by the International Monetary Fund. “And eventually, this will hit us on this side.” Read more