The Indicator from Planet Money China's trade war perspective
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Apr 22, 2025 This discussion dives into the U.S.-China trade war, revealing how it's resonating within China. Insights from NPR experts show the psychological toll on manufacturers and how they're adapting strategies, even utilizing social media to connect with American buyers. The conversation also covers China's historical worries about trade relationships and evaluates its economic maneuvering amid current difficulties. Predictions about future negotiations add an interesting twist to the evolving trade dynamics.
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Manufacturers Nervous Amid Tariffs
- Business people at Guangzhou's Canton Fair express deep uncertainty about the trade war impact.
- Production pauses due to halted shipments to the U.S., reflecting widespread nervousness.
China Projects Resilience and Pride
- Chinese leaders show defiance and urge persistence despite trade tensions.
- Factories use English videos to highlight their crucial role in American supply chains.
Chinese View on Manufacturing Role
- Many Chinese believe they efficiently manufacture products Americans won’t assemble themselves.
- They see their cost advantage and willingness to do tough work as key to their export success.