Summary
Trump escalated his trade war with China by raising tariffs to 125%, even as he dropped tariffs on other nations to ease recession fears.
China retaliated with 84% tariffs on U.S. goods, triggering a high-stakes standoff with both sides refusing to back down.
Experts warn the escalating tit-for-tat threatens global markets and diplomacy. Trump’s team calls China a “bad actor,” while Beijing frames the U.S. as a bully.
Each side believes time favors them, making de-escalation unlikely. Business leaders urge talks, but neither leader wants to appear weak.
I think the title is simply incorrect. This isn’t a game of chicken. In reality the Chinese government was ready for Trump’s tariffs because he played the tariff card the last time he was in office. They have a lot of strong tools at their disposal, and they will use those as they need to.
It’s somewhat ridiculous for Americans to say that China needs to make a deal when Trump is the one who created the recent problem. If you want to talk about trade imbalances, we can talk about trade imbalances, but massive tariffs that escalate overnight have nothing to do with reasonable international negotiation.
Actually the article has good information in it, but the title itself is meh.