China Defends Against U.S. Tariffs, Signaling Potential Retaliation

China is doubling down against U.S. tariff pressure, indicating potential retaliation and exacerbating international trade tensions. Economists note China’s firm stance, highlighting the history of economic disagreements between the two nations. The escalating conflict involves substantial global trade dependencies, impacting economic policies worldwide. Analysts warn that the ongoing dispute may trigger disruptions in supply chains, while financial markets react nervously to investor uncertainty about the future. Historical Sino-US trade disputes have resurfaced, mirroring cyclical patterns of tension and their subsequent economic repercussions.