Valuetainment "Who Needs Who More?" - Richard Werner REVEALS The U.S. vs China Power Struggle In Global Trade War
Apr 10, 2025
Richard Werner, a renowned economist, dives into the escalating trade war between the U.S. and China. He discusses Trump's eye-popping 125% tariff on China and how Europe is joining the fray. The conversation explores who holds the real power in this high-stakes standoff, examining China's growing economic strength since the 2000s. Werner highlights the delicate balance of interdependence between the two nations, leaving listeners questioning who will ultimately blink first in this fierce global tug-of-war.
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Trump Targets China Hard
- Trump's tariff strategy reduced tariffs on many countries but sharply targeted China, escalating tensions.
- This move draws global attention, pushing countries to negotiate while keeping pressure on China.
US-China Trade War Complexity
- The US-China trade war involves the two largest global economies, making it complex and impactful.
- Both countries have strong leverage, but prolonged tariffs risk hurting global trade and key industries.
Timing Changes Trade Dynamics
- Timing matters: 10-15 years ago, China was weaker, making tariffs more advantageous to US.
- Now China has grown strong with global partnerships, balancing US dominance in trade.