Keyu Jun
Appearances
Global News Podcast
China says it won't bow to pressure from Trump tariffs
Soon enough, U.S. suppliers will feel it, just like Chinese suppliers are feeling it. The lesson of the first trade war is that when China slapped the 25% tariffs on U.S. soybeans, it led to so much resistance in the agricultural states that it eventually led to the phase one agreement. So China believes that by exerting equivalent pressure and having U.S.
Global News Podcast
China says it won't bow to pressure from Trump tariffs
suppliers also share the cost burden along with Chinese is the only way to get the U.S. back to rational negotiation.