April 19, 2025

Chess v checkers: US and China blunder into stalemate

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Pride and stubbornness are hindering the US and China from resolving their trade dispute, impacting global commerce. The US insists China initiate talks, while China demands respect, leading to a stalemate. Both countries are seeking alternative trade partners as tensions rise, with nations like India caught in the middle, and the US scrutinizing transshipments via third countries to evade tariffs.

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