As we close on on Day 15 of the 90-Day Tariff Pause (with no deals at the moment), let's focus a bit on the two big players: China and the United States.
Seeing as we're entering a slightly new phase in these Trade Wars, here's recent posts/videos related to the matter...
First we have CNN talking about whether Trump "chickened out" to China (keep in mind that the guests on here agree with Trump on principal more than execution):
Danny Haiphong hosts a segment with Dr. Warwick Powell, Carl Zha, and KJ Noh that highlights when and how China took the advantage:
On his own channel, Professor Richard Wolff addresses why the Trump administration is taking such drastic economic steps, and how the combination of tariffs and firing federal workers are negatively impacted the American economy:
KJ Noh also went on Jamarl Thomas' channel to talk about China's resiliency, in addition to how Trump is basically negotiating with himself:
Lastly, On BreakThrough New's "The Socialism Program," Wolff again addresses some key points about the tariffs and the fallout:
So did Trump back down? Certainly looks like it. Will the headlines and talk cause him to change his mind again to save face? Possibly. Has China begun to stake their claim on the world economy? Time will tell, but if this is the beginning of the end of the Trade Wars, then China is a clear winner.
Bonus - Care to know how China feel about the Trade Wars so far?
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