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It's a US-China trade war, after all
As the dust settles after another of week of dramatic policy shifts, the picture that has emerged is a familiar one from Trump's first term: China is the main target after all. China isn't taking Trump's tariffs lying down. Instead, it has hit back tariff for tariff so that both sides are now applying tariffs to each others' goods of well above 100%.
In this week's episode, Group Chief Economist Neil Shearing asks Mark Williams, our Chief Asia Economist, why China is adopting a more combative approach to Donald Trump than other countries and what that suggests about the future of the…
The skinny
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