The Intelligence from The Economist
The great brawl: China v America
Apr 11, 2025
This discussion features Don Weinland, a China business and finance editor, Tom Nuttall, the Chief Germany Correspondent, and Anne Rowe, Obituaries editor at The Economist. They dive into the escalating U.S.-China trade war and its global economic implications, analyzing tariffs and their effects on supply chains. The conversation shifts to Germany's political landscape, highlighting Friedrich Merz's new coalition government. Additionally, they reflect on the vital, yet overlooked, contributions of women at Bletchley Park during WWII.
26:45
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Quick takeaways
- The escalating trade war between the U.S. and China has resulted in unprecedented tariffs, creating significant uncertainty in both economies.
- Germany's new coalition government under Friedrich Merz faces the challenge of restoring leadership in Europe while addressing domestic and foreign pressures.
Deep dives
The U.S.-China Trade War Escalation
The trade conflict between the U.S. and China has intensified, with significant tariff increases from both countries. The U.S. has raised tariffs on Chinese goods to an unprecedented 145%, while China retaliated with a 125% tariff on American imports. This ongoing trade clash has generated considerable uncertainty in both economies, as U.S. companies face potential repercussions from being placed on China’s unreliable entities list. The outcome of this trade war remains uncertain, with both nations holding firm on their stances, complicating prospects for a timely resolution.
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