In Trump-Biden rematch, the only sure loser is China
In Trump-Biden rematch, the only sure loser is China
12/2/2024 6:22

Donald Trump’s China trade war frayed economic ties between the two global superpowers. His second-term plans risk cutting them entirely.

The former president is pitching a 60% tariff on all Chinese imports. That would shrink a $575 billion trade pipeline to practically nothing, Bloomberg Economics analysis shows. And it’s not the only escalation Trump has in mind if he converts a narrow poll lead over incumbent Joe Biden into victory in November.

Source: Bloomberg

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