For perspective on the growing trade war between the United States and China and the ripple effects it's having, we turn now to Elizabeth Economy. I think we can expect that they will target additional individual U.S. companies for investigations of some sort and perhaps place more U.S. companies on the unreliable entity list, which means that they're not able to trade with China. We also saw with the most recent round of tariffs that China moved to devalue its currency to help its exports to be cheaper and also intervened in the Chinese stock market to bolster some of the share prices.
Author: Amna Nawaz
Published at: 2025-04-08 22:50:50
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