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Foreign Affairs

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Yo_Mama_Been_Loggin

(118,300 posts)
Thu Nov 7, 2024, 02:50 PM Nov 2024

China is bracing for fresh tensions with Trump over trade, tech and Taiwan [View all]

TAIPEI, Taiwan (AP) — The first time China faced Donald Trump in the White House, there was a trade war, a breach of protocol involving Taiwan’s former leader, and a president-to-president bromance that turned sour.

As President-elect Trump prepares to start his second term in office, China is bracing for unpredictability in its ties with the United States and renewed tensions over trade, technology and Taiwan.

A new tariff war looms

Perhaps the biggest consequence for China — if Trump stays true to his campaign promises — is his threat to slap blanket 60% tariffs on all Chinese exports to the U.S.

Tariffs like that would be a blow to China’s already unstable economy, which is suffering from high youth unemployment, a lengthy property slump and government debt. A 60% duty on Chinese imports could shave off 2.5 percentage points, or about half, of China’s projected economic growth, according to an analysis published earlier this year by UBS.

https://apnews.com/article/trump-china-tariffs-taiwan-foreign-policy-7351ce1069654f1c1aefb560b36dcc17

I agree on tariffs not so certain on Taiwan. Dipshit gets his cheap junk made in mainland China. He wants to stay on their good side, so he won't go to war over Taiwan.

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