The world’s two largest powers are closer than ever to a full economic break. Why neither the United States nor China want to blink, and what it will take for China to survive the trade war.
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A week after President Donald Trump’s “Liberation Day” tariffs roiled global markets, his administration put China in its crosshairs, with a 145 percent levy on Chinese imports.
China countered by raising tariffs on all U.S. goods to at least 125 percent and by publicly casting the United States as an irresponsible global power.
Today on “Post Reports,” The Post’s China bureau chief, Lily Kuo, joins guest host Chris Velazco to explain how the trade relationship between the two countries got so hostile, how China plans to weather the storm, and how the rest of the world might feel the consequences of this game of chicken.
And China correspondent Christian Shepherd brings us to an e-commerce expo in Shenzhen, China, where sellers are pledging to find a way through the tariffs.
Today’s show was produced by Rennie Svirnovskiy and Elana Gordon. It was mixed by Sam Bair and edited by Reena Flores. Thanks to Anna Fifield.
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