US-China trade war stuck in a Prisoner's Dilemma

Who will win the US-China trade war?

US-China trade war escalates with huge stakes for the economies of both nations and the rest of the world.

By Lou Robinson, Rosa de Acosta, Elisabeth Buchwald and Soph Warnes, CNN The escalating trade war between China and the United States shows little sign of easing after massive tariffs between the world's two largest economies this week. Beijing raised its tariffs on US imports to 125%, a day after the White House clarified that Chinese imports now face tariffs of at least 145%. How this will end is anyone's guess. How did we get here? Read on fo…

US-China trade war: who holds the cards?

The global trade war launched by Trump has already resolved into one between the two dominant actors of the world economy, the US and China. The question is posed: who holds the cards? Who will blink first? This question determines the fate of the world economy.

US-China trade war stuck in a Prisoner's Dilemma

As the US and China escalate their trade war through tit-for-tat tariffs, it is tempting to view the situation as irrational brinkmanship. However, beneath the surface, the pattern follows a familiar structure in economics, specifically the “Prisoner’s Dilemma” in game theory — albeit one complicated by geopolitics, national pride and the realities of domestic politics. […] The post US-China trade war stuck in a Prisoner’s Dilemma appeared first…

The conflict between the United States and China is beginning to take the form of a trade war with unpredictable consequences. But the competition between the two titans is not limited to the commercial level. The United States and China, with an area of more than nine million square kilometers each, are included together with Canada and Russia in the four largest countries in the world. But China, with 1.4 billion inhabitants at the end of 2024…

Who will win the US-China trade war? | Donald Trump – Monkey Viral

US-China trade war escalates with huge stakes for the economies of both nations and the rest of the world. The US and China are locked in a fast-moving trade war. It’s a game of brinkmanship.Tariffs on both sides are now so high that commerce between them is effectively about to cease.If it escalates into a […]