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Tariffs Gone Wild: China's Trillion-Dollar Game of Economic Hot Potato

Reading time: 2 min • May 4, 2025, 04:54 PM (UTC)

Key Points

  • The U.S. and China are engaged in a fierce trade war with ta...

If trade wars were an Olympic sport, the U.S. and China would be battling for gold with their dazzling display of tariff gymnastics. The scoreboard currently shows an impressive 145% tariff from Team USA, making even seasoned economists reach for their calculators and anxiety medication.

Throwing Money at Problems: Beijing's Favorite Hobby

China's economy is showing signs of life, thanks to good old-fashioned government stimulus packages and consumers who've rediscovered their shopping mojo. President Xi Jinping is steering the economic ship away from the export-heavy diet toward a more ba...

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