China wins a trade war against the United States caused by tariffs; reports say Xi Jinping has a strategic advantage over Donald Trump, which could be a worrying sign for the president

Donald Trump has stopped tariffs in dozens of countries for 90 days, but the Republican president has raised tariffs on Chinese imports to 145% as China chooses to retaliate against the United States. In return, China said on Friday that it raised its tariffs on U.S. goods to 125%.

While the tariff strike risk cancels the world’s two largest economies and reverses the global economic order, many experts claim that China appears to have the upper hand in the trade war against the United States.

China learned tariff courses

During his first presidency, President Trump decided to increase tariffs on China in 2018. At that time, China’s exports to the United States accounted for 19.8% of the country’s total exports. According to a report in the dialogue, the proportion fell to 12.8% in 2023.

The talk reports that even if China exports directly to the United States, the United States is still importing through a third country.

According to a report by NYT News Service, some industries such as steel manufacturing will benefit due to the ongoing trade war, while the overall economy will be affected.
Retailers of all sizes will be squeezed by higher import prices on the one hand and consumers who hate inflation on the other. Farmers and other exporters may be targets of retaliatory tariffs by U.S. trading partners. Automakers, tech companies and other manufacturers with complex global supply chains will have particularly difficulty adapting to rapid transfers and uncertain trading systems, NYT News Service reported.
Nearly all sizes of the United States rely on imports to some extent, whether it is parts or raw materials or equipment used in factories. In theory, the right combination of government tariffs, subsidies and other incentives, as reported, could prompt companies to move more supply chains back to the U.S.
But it takes time. The company will have to build new factories and find new suppliers, which in turn need to expand to meet new needs. For parts and equipment that are no longer domestically manufactured, the company will have to rebuild its supply chain from scratch. Moreover, the U.S. labor force has already lacked many skilled manufacturing professions. It will take years to train a new generation of welders, CNC mechanics and CAD technicians.

Will there be a real winner in this trade war? Only time will prove it.

FAQ

Q1. Who is the President of the United States?
A1. The president of the United States is Donald Trump.

Q2. Who is the supreme leader of China?
A2. China’s supreme leader is Xi Jinping.