Submitted by christian on Thu, 04/10/2025 - 19:41
The U.S. and China have embarked on an escalatory spiral that could lead to disaster for both. Trump’s latest attack have convinced the Chinese leadership that the Trump administration is seeking to humiliate China and wreck its economy. China has now decided to fight back. It imposed an across-the-board 84% increase on U.S. exports, hitting some $ 143.5 billion of revenue for American companies. It also placed new restrictions on exports of some strategically important minerals, added some U.S.
