With a trade war between the U.S. and China intensifying ahead of a Nov. 1 tariff deadline, there’s growing concern Beijing will use Taiwan as a bargaining chip.
Breakdown
- China criticized the U.S. for escalating a trade war after imposing export controls on rare earth minerals.
- The U.S. responded with 100 percent tariffs on Chinese goods and possible further sanctions. 22s
- China produces the majority of the world's rare earth minerals, giving it significant leverage. 35s
- There are concerns in Taipei that China may use Taiwan as a bargaining chip in trade negotiations with the U.S. 1m 27s
- Some believe diplomatic bartering over Taiwan has already started, though U.S. officials deny blocking a recent visit by Taiwan's president. 1m 45s
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Global Tariffs
Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.