The U.S.-China Trade Tensions Unraveled

This chapter examines the escalating trade tensions between the United States and China, focusing on the unprecedented tariffs imposed by the U.S. and China's reciprocal measures. It discusses the economic implications of these tensions on global markets, including the effects on bond markets and the potential for a full-blown trade war. The chapter also highlights the interconnectedness of global trade and how American economic decisions influence supply chains worldwide.