Are China and the U.S. in a trade war?
Asked 5 hours ago
Answer
China and the U.S. are engaged in renewed trade tensions, with both sides imposing tariffs and export controls, particularly on rare earth minerals. The situation is widely described as a trade war, with each country leveraging economic measures in response to the other's actions. Negotiations continue, but volatility and mutual accusations persist.
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Analyst: China flexes power in U.S. trade war, spots economic weakness
CNBC · Just In
CNBC
Just In
- China sees potential weaknesses in the U.S. economy despite strong markets.
- Beijing is prepared to use economic levers, including rare earth minerals, in trade talks. 23s
- U.S. and Chinese leaders are expected to meet at upcoming summits, with hopes for de-escalation. 52s
- A broad trade deal could involve China increasing U.S. agricultural imports, but concerns remain over Taiwan's role. 2m 17s
- No major changes are expected in U.S. policy toward Taiwan in the near term. 3m 14s
