#TradeWar
The Art of the Trade War
#TradeWar
The Art of the Trade War
Trade wars are like awkward family feuds, but instead of yelling at Thanksgiving dinner, politicians slap each other with tariffs like they're in a passive-aggressive game of economic dodgeball. One country raises steel tariffs, another retaliates with a cheese embargo, and suddenly world leaders are arguing over dairy like it's a geopolitical episode of MasterChef. Meanwhile, politicians give dramatic speeches about "protecting national interests," which loosely translates to, "We have no idea what we’re doing, but it sounds patriotic." In the end, nobody wins—except maybe smugglers and black market avocado dealers.
Trump's Tariffs Hit China's Manufacturing Juggernaut: Exports to US Could Drop by Quarter
- Friday, 07 March 2025
The US has imposed tariffs on China's exports, which could hurt China's manufacturing success. China's trade surplus with the world rose to $1tn in 2024, driven by strong exports. Trump's tariffs aim to pressure China to stop the flow of fentanyl to the US and protect US jobs. Analysts say that if the tariffs linger, Chinese exports to the US could drop by a quarter to a third, weakening demand and shrinking the trade surplus.
