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US vs China: who can endure a trade war longer?

Upworthy Wednesday, 30 April 2025 ()
US vs China: who can endure a trade war longer? While Trump assumes that China’s trade surplus with the US makes it inherently vulnerable, Beijing appears unfazed While maintaining a hard-nosed position, China has not escaped unscathed. In the first quarter of 2025, the consumer price index – a…
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News video: U.S- China Trade War: Scott Bessent Drops BOMBSHELL in China Tariff Clash—Hints at Major Fallout

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 U.S. Treasury Secretary Scott Bessent declined to confirm direct tariff negotiations with China, suggesting that Beijing faces severe economic fallout if current trade barriers persist. Speaking to reporters, Bessent cited potential Chinese job losses in the millions and argued that the U.S. trade...

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