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.

  • samus12345@lemm.ee
    link
    fedilink
    English
    arrow-up
    10
    ·
    edit-2
    3 months ago

    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.

  • aldfin@lemm.ee
    link
    fedilink
    English
    arrow-up
    5
    ·
    3 months ago

    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.

  • Mateoto@lemmy.world
    link
    fedilink
    arrow-up
    6
    arrow-down
    2
    ·
    3 months ago

    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.

    • MuskyMelon@lemmy.world
      link
      fedilink
      arrow-up
      1
      ·
      3 months 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.

  • DarkDecay@lemmy.world
    link
    fedilink
    English
    arrow-up
    1
    ·
    3 months ago

    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