Economist Podcasts The great brawl: China v America
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Apr 11, 2025 
Join Don Weinland, China business and finance editor, Tom Nuttall, Chief Germany Correspondent, and obituaries editor Anne Rowe as they delve into the escalating trade tension between China and the U.S. They discuss the implications of tariffs and how investors are reacting to this conflict. The conversation shifts to Germany's political landscape with Friedrich Merz's new coalition government, navigating economic challenges. Plus, a poignant reflection on Betty Webb's contributions at Bletchley Park during WWII encapsulates the enduring legacy of secrecy and sacrifice.
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US-China Trade War
- The US and China are engaged in a significant trade clash, impacting global markets.
- The trade volume between them reached $580 billion in 2024, with a $440 billion deficit for the US.
China's Retaliation
- China is retaliating against US tariffs with various measures.
- These include export restrictions on rare earths and blacklisting US companies like PVH.
Deal Prospects
- A near-term trade deal between the US and China is unlikely due to differing expectations.
- China is now more experienced in trade wars and has diversified its trade partners.