

The U.S.-China Trade War
23 snips Apr 18, 2025
Scott Kennedy, a senior advisor at the Center for Strategic and International Studies with 37 years of experience in China, teams up with Zongyuan Zoe Liu, a senior fellow for China Studies at the Council on Foreign Relations. They delve into the complexities of the U.S.-China trade war, discussing the ongoing tariffs, potential retaliatory measures, and the risks of escalation. They explore China's economic strategies, its focus on domestic consumption, and implications for global markets, highlighting how this trade conflict shapes not just the two nations but the world economy.
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China's United Resolve
- Chinese public and officials have unified resolve to withstand the trade war pressure from the U.S.
- This reflects a broad consensus that enduring economic pain is necessary to stand up against perceived U.S. aggression.
China Endures Pain Strategically
- China’s leadership accepts economic pain as unavoidable but gains a narrative to justify policy shifts and reinforce Xi Jinping’s worldview.
- Enhanced resilience among entrepreneurs and officials makes China better equipped to handle the trade war this time.
Trade Talks Tense but Inevitable
- China intended to negotiate but escalations forced them to stand firm, signaling readiness to hold the line.
- Both nations recognize the need to eventually coexist and negotiate despite current tensions.