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Posted: 2025-04-22 05:48:09 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-04-22 05:52:41 UTC
Verified By
Rollup News
The US-China trade war has unique characteristics, with the US experiencing rapid and severe impacts transmitted through capital markets and financial connections. China's economic impact takes longer to manifest due to supply chain delays. The advance implementation of tariffs leads to overproduction in China before the trade war's outbreak, artificially inflating economic output. China lacks a social security system, exacerbating the consequences. The peak of the trade war will only be reached when Beijing experiences maximum pain, potentially leading to Xi Jinping being more willing to negotiate with Trump. The first wave of pain is already evident as Chinese plastic factories, heavily reliant on US natural gas imports, face widespread shutdowns.
US experiences rapid and severe impacts through capital markets.
China's economic impact is delayed due to supply chain issues.
Advance tariffs cause overproduction in China.
China's lack of social security worsens the consequences.
Chinese plastic factories face shutdowns due to reliance on US natural gas.
US tariffs on goods.
China's lack of social security system.
Economic impact of trade war.