Trump's tariff war on China: 5 reasons why Xi may blink first
Donald Trump has slapped up to 245% tariffs on China. China says it is not afraid of a trade war. China wants dialogue based on equality. But China faces economic challenges. Exports power China’s economy. China’s domestic market is weak. The Communist Party’s legitimacy is at stake. Trump’s trade policy is easier to escalate. Both Trump and Xi Jinping are in a faceoff.
