The US president warns of the extra tax unless China withdraws its own 34% counter-tariff on US goods.
  • AwkwardBroccolli@lemmy.mlBannedEnglish
    12·
    2 months ago

    There will be supply chain shocks. There is no country in the world that can absorb the entirety of Chinese production like US could. This would cause recession for China which would highly increase the chances of war in Taiwan strait.