China Retaliates Against U.S. Tariffs, Palantir Soars, Merck Tumbles 02/04/25
Squawk on the Street
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China's Tactical Trade Response
This chapter analyzes China's countermeasures to U.S. tariffs, including targeted tariffs on energy imports and their implications for various companies like PVH and Illumina. The discussion explores the strategic nature of these measures, suggesting they may be more about negotiating leverage than economic damage. Additionally, the chapter touches on broader themes of U.S.-China relations, particularly in relation to the Belt and Road Initiative and tech export controls.
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