Tuesday, 02 January 2024 12:17 GMT

China Better Built For A Trade War And Trump Knows It


(MENAFN- Asia Times) After months of tariff threats and combative posturing, Donald Trump this week made a rare concession. The 145% tariff on Chinese imports, he said,“won't be that high... it'll come down substantially.”

There are no formal talks, no breakthroughs, just a sudden shift in tone from the US president. And this shift speaks volumes.

Despite his bluster, Trump is coming to terms with a hard truth: China is structurally more insulated, strategically better prepared and ultimately more capable of enduring a prolonged trade conflict than the US.

The myth that tariffs would force Beijing into submission is being steadily dismantled by economic reality. China has not blinked. It has responded to US aggression with a calculated mix of resilience and flexibility-offering to talk but refusing to capitulate.

It doesn't have to. Beijing has spent years quietly reducing its vulnerability to American pressure. Trump's tariffs may bite, but they won't break China.

For starters, China's political system gives it a major advantage in a drawn-out economic contest. In Washington, trade wars are hostage to election cycles, interest groups and social media storms. In Beijing, policy is dictated from the top with strategic consistency.

MENAFN24042025000159011032ID1109467525



Asia Times

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search