The US-China trade escalation has no end in sight. Here’s why Beijing’s not backing down
Government
Hong Kong CNN — What was supposed to be a historic, era-defining trade war launched by US President Donald Trump against a range of countries has, for now, narrowed in on a singular target: China . Trump announced a three-month pause Wednesday on all the “reciprocal” tariffs that had gone into effect hours earlier – with one exception, deepening a confrontation set to dismantle trade between the world’s two largest economies. Then on Thursday, Beijing made good on its vow to bring in its own
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