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Analysis-For China and US Inc, Trump's trade war feels much worse this time
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Analysis-For China and US Inc, Trump's trade war feels much worse this time

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Orders have evaporated for Richard Chen, who manufactures Christmas decorations in southern China for U.S. retailers, including Walmart and Costco, facing crippling U.S. tariffs. "The orders are half of what they were last year,
The article from MSN discusses the escalating trade tensions between the U.S. and China, highlighting that the current situation feels more severe than during the Trump administration's trade war. It points out that while Trump's tariffs were significant, the Biden administration's policies, including restrictions on technology exports and investment, are seen as more strategically damaging to China. The piece notes that China's economic growth has slowed, and its response to U.S. actions has been more restrained, possibly due to internal economic challenges and a desire to avoid further escalation. The article also mentions the broader geopolitical context, including U.S. efforts to diversify supply chains away from China, which adds to the complexity of the current trade environment. Overall, the analysis suggests that the trade war has evolved into a more nuanced and potentially more harmful economic confrontation.

Read the Full Reuters Article at:
[ https://www.msn.com/en-us/money/markets/analysis-for-china-and-us-inc-trump-s-trade-war-feels-much-worse-this-time/ar-AA1BYetE ]