The tariff war has had serious effects across China, but the Chinese Communist Party (CCP) is still determined to hold firm. Some analysts believe the CCP will inevitably lose this trade war, especially since Trump’s strongest measures haven’t even been fully implemented yet.
Ming stated that the current situation is merely the opening act, and the real blow from the U.S. might come within the next 90 days. The U.S. could encourage other countries to impose tariffs on China by offering reciprocal tax cuts. Once many countries unite against China, it would severely harm China’s export market.
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