Is the US actually too chicken to take on China for trade?
A weak yuan guarantees Beijing massive trade surplus even as the White House tries tamp down on Chinese imports Since China offered a truce in the trade war last October following its threat to deprive the United States of rare-earth magnets, the Trump administration has been happy to stop escalating. After all, imports from China have been falling, down by 40% in the year to June, compared with the same period in 2024. Best to declare victory and call it a day. But the US hasn’t won this…
The Guardian
Published by CurrentWire · First coverage
Compiled by CurrentWire News Desk
Summary based on reporting from The Guardian.

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Filed under General · United States · News. Topics extracted from this report, with other live CurrentWire stories mentioning each: White House (9), United States (35), Trade (3).
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