Summary
Trump escalated his trade war with China by raising tariffs to 125%, even as he dropped tariffs on other nations to ease recession fears.
China retaliated with 84% tariffs on U.S. goods, triggering a high-stakes standoff with both sides refusing to back down.
Experts warn the escalating tit-for-tat threatens global markets and diplomacy. Trump’s team calls China a “bad actor,” while Beijing frames the U.S. as a bully.
Each side believes time favors them, making de-escalation unlikely. Business leaders urge talks, but neither leader wants to appear weak.
I think the title is simply incorrect. This isn’t a game of chicken. In reality the Chinese government was ready for Trump’s tariffs because he played the tariff card the last time he was in office. They have a lot of strong tools at their disposal, and they will use those as they need to.
It’s somewhat ridiculous for Americans to say that China needs to make a deal when Trump is the one who created the recent problem. If you want to talk about trade imbalances, we can talk about trade imbalances, but massive tariffs that escalate overnight have nothing to do with reasonable international negotiation.
Actually the article has good information in it, but the title itself is meh.
This is awful for the global economy and it’s definitely looking more and more like these tariff tantrums from the US is just a dying empire desperately trying to fight against its eventual demise. China has already overtaken the US in many areas and it is really showing.
China can pursue trade deals elsewhere, especially since the US is leaving a trade void by being so unreliable. Nobody trusts the US, nor should they considering they started it. It’s pretty clear who’s at a bigger disadvantage.
It’s pretty obvious who will win. One is ruled by a dictator. The other by someone who wishes he was a dictator.
The last one was just a grifter move to funnel more cash to his billionaire buddies.
This time, it’s more strategic — the goal is to weaken China. The alliance between Russia, Iran, and China is built on a shared opposition to the U.S. and Western democracy. But Trump’s return throws a wrench into that dynamic.
Putin sees an opportunity: Isolate and economically hurt China, and improve Russias own leverage on the global stage — all while using Trump as a tool once again.
Putin is operating like it is last century. Trump is operating like it is two centuries ago.
Russia has no cards to play against China unfortunately. Putin can’t even move his Far East troops out of Vladivostok for fear of China and a two-front war.
I don’t feel good about the group of amateurs trump has surround himself with. They will be eaten alive by anyone with actual economic and trade strategies
Like Mark Carney, current Prime Minister of Canada ;)
Yes. Someone like him would be great