
Can China use US debt in its tariff war against Trump? | Donald Trump
The United States and China are in a trade war face-off. The US exported $143bn worth of goods to China in 2024 and has a trade deficit of $295bn. To curb that, President Donald Trump has ratcheted tariffs up to a never-before heard of 145 percent on China, which has retaliated with 125 percent taxes…