The world’s two largest economies are once again battling for dominance.
In the latest exchange between U.S. President Donald Trump and Chinese leader Xi Jinping, Beijing is using financial markets as leverage in the trade war, betting that a sustained downturn might pressure Trump to compromise.
The Trump administration, however, has made clear it will not adjust its policies based on stock fluctuations, insisting negotiations will proceed only on terms that serve America’s economic interests.
This trade war is part two, a rematch of the contest fought between the two leaders. What follows is a round-by-round look at how the renewed U.S.–China trade war is unfolding.
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Source: https://www.theepochtimes.com/opinion/trump-versus-xi-a-blow-by-blow-analysis-of-the-us-china-trade-war-5932675?fbclid=IwY2xjawNorllleHRuA2FlbQIxMQABHn6s2ojQFJl1a6tKa6IsUoUuGq2dFvRIAMAUXxrgaIt7Xm6ExiaR_8auqLr3_aem_79c1RivDcHiCNDK0wSbKqw&loginSuccess=1
