Part 3/12:
The Escalating Trade Tensions with China
Chinese tariffs recently increased sharply to 84%, raising alarms across international markets. Despite this, the U.S. president delivered a speech emphasizing that China seeks to negotiate a deal, signaling that tariffs might serve more as a bargaining chip than a permanent fixture. The U.S. appears to be leveraging tariffs to encourage China to make concessions, especially regarding trade dependencies.