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China’s Fortunes
Face-Off: The U.S. vs China
Balancing short-term benefits with long-term consequences in trade disputes
The main concern for China is not just about trade with the US, but about China's technological development. The fear is not the immediate impact of tariffs, but the potential for miscalculations in negotiations leading to instability. In the short run, Trump may be better for China as compared to Biden due to tariffs, but in the long run, it could create disastrous consequences. The focus is not only on trade but also on technological goals and the impact of tariffs on American consumers.
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