

The China-US trade war and implications for the EU, with Jacob Gunter
Apr 24, 2025
Jacob Gunter, Lead Analyst at MERICS, discusses the tumultuous U.S.-China trade war, unraveling the chaotic strategies from both countries. He highlights the staggering tariffs—reaching 145% on China—and explores China's push for self-reliance in response. Gunter examines how export controls on critical minerals are set to disrupt supply chains and the implications for American companies. Finally, he tackles the challenges and opportunities for the EU in navigating trade turbulence, shedding light on the potential for a strategic shift in global dynamics.
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Diverse US Tariff Goals Explained
- The US government's tariff goals on China are fragmented and often contradictory.
- Different factions aim for deal leverage, revenue, onshoring, or manufacturing removal from China.
Trump's Chaotic Tariff Strategy
- Trump’s approach to tariffs creates chaos deliberately to outmaneuver opponents.
- This strategy causes significant uncertainty for China and global markets.
Impact of Tariffs on Chinese Towns
- Chinese towns like the Christmas village depend heavily on exports to the US.
- Tariff retaliation threatens jobs and local economies dependent on US demand.