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Escalating Trade Tensions: US and China Prepare for Confrontation

share-iconFriday, January 10 comment-icon1 week ago 8 views
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lemondeLEMONDE
Escalating Trade Tensions: US and China Prepare for Confrontation

Credited from: LEMONDE

  • Trade tensions are escalating between **the US and China**, the two largest economies, even before Trump's inauguration.
  • The **outgoing US administration** is intensifying enforcement actions to counter Republican criticisms of soft trade policies.
  • In response, **China** signals it will retaliate against potential punitive tariffs imposed by the future US president.
  • China's economy remains **more vulnerable** now compared to four years ago, facing sluggish domestic demand despite rising exports.
  • However, China claims to be **more resilient**, having reduced its dependencies on foreign technology and strengthened local firms like **Huawei**.

For the full article, visit Le Monde.

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