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China May Exempt Some US Goods from Tariffs as Costs Rise

7 点作者 tosh18 天前

1 comment

margorczynski18 天前
Question is who blinks first - Trump or Xi? People might think Trump as the obvious choice because of the rising costs of goods in the US but most don&#x27;t get how bad the situation is in China currently.<p>Since around the real estate bubble crash China can&#x27;t get the economy up and running as they used to. Economic activity is (very) low, unemployment is high especially among the young, in general people are in a bad mood.<p>Cutting trade with the US might push the situation into the red zone and that&#x27;s probably what Trump hopes for - that the internal pressure makes him crack first.