US-China tensions could become the biggest trade war in history
Vasquez, J. P.
(17 April 2025)
US-China tensions could become the biggest trade war in history.
LSE Business Review.
(17 April 2025)
US-China tensions could become the biggest trade war in history.
LSE Business Review.
The announced US tariffs and the retaliatory actions taken by China have intensified. If the threats are carried out, they will drive the average implied US tariff to exceed 20 per cent, a level not seen since the 1930s. Jose P Vasquez speculates about the causes and possible ways out of the conflict and sees an important mediation role for Europe in diffusing the tensions.