Part 7/15:
The U.S.-China trade standoff remains tense, with the U.S. targeting approximately $450 billion worth of Chinese goods, while China's retaliations impact a much smaller share of American exports. Notably, the imbalance heavily favors China, and analysts warn that escalating tariffs could stoke inflation and disrupt supply chains—not just with China but potentially beyond, including Taiwan and Europe. Trump’s stance suggests he is prepared to extend tariffs further if negotiations falter, raising fears of a prolonged trade war.