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The deflation in China has forced their hand. America has such a stronger hand here.
by mensetmanusman 1y ago
The deflation in China has forced their hand. America has such a stronger hand here.
- belter 1y agoThey both raised tariffs approximately the same on each other, and lowered by the same exact amount on each other. Nothing changed other than a promise there might be another meeting in the future. Situation looks almost the same as before.
- watwut 1y agoWhat forced hand? America imposed tariffs, China retaliated. America insulted China and the said they want China to offer deal, China said they won't offer anything until America lowers tariffs. America lowered tariffs and China responded by lowering tariffs too. They are both still very high, just not insane hard. What exact strong hand are you talking about?
- mensetmanusman 1y agoThe strong hand has to do with the reason China is censoring all its relevant economic data.