China’s strengths and weaknesses in Trump’s new trade war
The state of the economy leaves Beijing with little room for maneuver, but recent technological tours de force such as DeepSeek have given it more bargaining power
China and the United States are now like two old rivals who have come together after four years to resume a postponed duel: the second trade war launched by Donald Trump is in fact a continuation of the one he himself started in 2018; this is just a new battle. After the first blow was delivered by the Republican president, who on February 1 announced an additional 10% tariff on all Chinese imports, Beijing immediately returned fire.
