China’s ‘strong hand’ in trade and defence emerges as Trump declares ‘reset’
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China’s ‘strong hand’ in trade and defence emerges as Trump declares ‘reset’
For all the drama and market unrest in the wake of the Trump administration’s ‘Liberation Day’ on 2 April, many of Trump’s more severe tariff restrictions - which initially included an additional 34% charge on China on top of an extant 20% - have since been either paused, amended or rolled back, perhaps as the full implications for the global supply chain, the US' credibility as an economic partner and domestic manufacturing became clearer.
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