At the same time, he's ordered a 90-day pause on higher tariffs for dozens of countries.
If it wasn't a trade war between the world's two biggest economies before - it is now.
On this episode, Mark Austin examines if China will keep on retaliating against Donald Trump. Its tariffs on US imports had been increased to 84%.
He's joined by vice president of the Beijing thinktank, the Centre for China and Globalisation, Victor Gao. He explains why he's sure that China will not blink first in this 'dangerous' standoff.
Plus, our business correspondent Gurpreet Narwan on why the president has singled out China.
*This episode was recorded just before President Trump increased US tariffs on Chinese imports to 125%.
Producer: Emma Rae Woodhouse
Editor: Paul Stanworth
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Special Summer Offer: Exclusively on Apple Podcasts, try our Dateline Premium subscription completely free for one month! With Dateline Premium, you get every episode ad-free plus exclusive bonus content.
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!