China is the big exception to Donald Trump’s retreat on tariffs – he’s doubled down on Chinese goods, raising the rate on imports into the US to 125 percent. That’s likely to cause a big slowdown in trade between the two countries – which in turn could mean Chinese goods are diverted to Europe. And many in the bloc say that would be disastrous.
Chapters:
00:00 Tariffed Chinese goods could flood other markets
02:34 Mark Hallerberg, Professor of Political Economy at Hertie School
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News post in April 10, 2025, 6:04 pm.
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