April 22, 2025, 6 a.m.
Economic fallout and strategic stakes mount as U.S.-China trade tensions escalate
U.S. tarriffs (now at 25% on $200B in goods) devastate Chinese export industries, with factories reporting cancelled orders, warehouse overstock and forced worker layouts. Key ports like Shanghai anticipate a 50% drop in cargo traffic. China vows to “fight to t…
Economic fallout and strategic stakes mount as U.S.-China trade tensions escalate
U.S. tariffs (now at 25% on $200B in goods) devastate Chinese export industries, with factories reporting canceled orders, warehouse overstock and forced worker layoffs. Key ports like Shanghai anticipate a 50% drop in cargo traffic. China vows to “fight to t…