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The Latest: Nations must choose sides as Trump's trade war pits US against China
- President Donald Trump's ongoing trade war between the U.S. and China escalates economic tensions globally in 2025.
- The trade conflict arose as Trump reversed a decade of U.S. foreign policy by pressuring nations to choose sides and negotiate on his terms.
- Amid tariffs and geopolitical rivalry, Beijing and Washington seek to expand influence while some U.S. allies cautiously align closer with China.
- This friction depresses Western brands in China, exemplified by Starbucks’ 19% revenue drop since 2021 and a decline to 14% market share in 2024.
- The trade war pressures global trade relations and corporate earnings, suggesting prolonged economic challenges and geopolitical realignment ahead.
114 Articles
114 Articles
Trump Tariffs and U.S. Imperialism - New Politics
What we need is not nostalgia for the collapsing liberal order, nor Kamala-style "politics of joy" in the face of atrocities like Gaza. Instead, we need what Stefan Kipfer calls "concrete internationalism." The post Trump Tariffs and U.S. Imperialism appeared first on New Politics.
Waiting on Xi - LewRockwell
“This is one of the most important days in American history. It’s our declaration of economic independence. Jobs and factories will come roaring back into our country, and you see it happening already. We will supercharge our domestic industrial base.” President Donald Trump announces unilateral tariffs on 180 countries despite warnings of inflation, recession and supply chain disruptions, April 2, 2025 This is probably the worst economic policy…
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