US EditionTimeline: All the twists and turns in the US-China trade war
- The US President escalated a trade conflict with China starting in 2017, centering on tariffs and market access issues involving multiple countries.
- This escalation followed the US withdrawal from the Trans-Pacific Partnership and was driven by grievances over intellectual property and trade imbalances.
- In retaliation, China restricted exports of critical rare earth metals and magnets essential for manufacturing electric motors used in cars, drones, and military equipment.
- Treasury Secretary Scott Bessent noted that key US allies, including Japan, South Korea, India, and Vietnam, are preparing to engage in trade discussions with Washington, effectively encircling China in these negotiations.
- The escalating trade war strained US alliances, disrupted global supply chains, and increased demand for safe-haven assets like silver amid fears of a US recession.
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Beijing does not give up in the trade dispute with the US. The country is self-confident – for several reasons.
·Zürich, Switzerland
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'Real tension going on there': PM doubles down on 'trade war' comment
Prime Minister Christopher Luxon. Photo: RNZ Prime Minister Christopher Luxon has repeated his view that there is a trade war playing out between the US and China, despite the foreign minister calling that language "hysterical".
·Otago, New Zealand
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With the sky-high import tariffs, the American arrows are mainly aimed at Beijing, which has vowed to fight to the bitter end. The Chinese are worried about their economy. But it also fuels anger among the people towards the US. In the long run, however, the trade war does not have to be so bad for Beijing.
·Amsterdam, Netherlands
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Total News Sources61
Leaning Left2Leaning Right7Center10Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
11%
C 53%
R 37%
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