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Tariffs, Tech, and Turmoil: U.S.-China Dynamics
This chapter explores the contrasting tariff policies under the Trump and Biden administrations while also highlighting the impact of a recent earthquake in Myanmar on disaster relief efforts amid civil conflict. It delves into the U.S.-China economic relationship, comparing funding approaches for science and technology and examining China's ambitious growth in these fields. The discussion concludes with an analysis of the current state of the Chinese economy, focusing on potential recovery and looming deflationary threats.