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#USChinaTrade #TradeWar #Tariffs #China #Trump #GlobalEconomy #CGTN #ThePoint #LiuXin
Trump's sweeping 50% tariffs on all Chinese imports are now in effect, pushing the total tariff rate to a staggering 104%. In response, China has vowed to "fight till the end," launching a full-scale economic counteroffensive, reciprocal tariffs, rare earth export controls and the mobilization of top financial institutions. As tensions reach boiling point, what more can China do? Is there any room left for negotiation, or is a full-blown economic showdown inevitable? Join us to unpack what's behind the latest escalation.
#USChinaTrade #TradeWar #Tariffs #China #Trump #GlobalEconomy #CGTN #ThePoint #LiuXin
Guests:
Victor Gao
Chair Professor at Soochow University
Carl Fey
Professor of strategy, BI Norwegian Business School in Oslo
Warwick Powell
Adjunct Professor, Queensland University of Technology
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Video at Youtube: https://www.youtube.com/watch?v=vQzToKtqXn0