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Home Videos

Trump Is Facing a Losing Tariff War With China

DeFi Daily News by DeFi Daily News
November 8, 2024
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Trump Is Facing a Losing Tariff War With China
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The US and China are locked in a battle for tech supremacy, and it’s set to be a major challenge for Donald Trump. Years of tariffs, export controls and financial sanctions have done little to slow Xi Jinping’s quest for dominance. China has become a world leader in industries like electric vehicles and solar power, and it’s catching up in others. But even though the US hasn’t managed to trip China up yet, there’s no sign it’s going to stop trying.

Read More:
US Efforts to Contain Xi’s Push for Tech Supremacy Are Faltering
https://www.bloomberg.com/graphics/2024-us-china-containment/?utm_medium=social&utm_source=youtube&utm_campaign=originals&utm_content=article

Sign up here for the Next China newsletter to get Bloomberg’s weekly dispatches from Beijing.
https://www.bloomberg.com/account/newsletters/next-china?utm_medium=social&utm_source=youtube&utm_campaign=originals&utm_content=article

00:00 Introduction
01:22 Chinese imports
02:33 Tariffs and restrictions
4:56 Government support
7:25 Trump’s second term

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