@jonasnahm.com expertly summarizes factors that could shape a U.S.-China Trade War 2.0: underlying supply chain linkages foretell the story just as it did six years ago.
The new NYT piece on China's supply chain strategy reveals how Beijing is rewriting the rules of economic warfare. Trump's claim that "China pays for tariffs" fundamentally misunderstands modern economic power. Here's why: 1/
www.nytimes.com/2024/11/27/b...
nytimes.com
China Has a New Playbook to Counter Trump: ‘Supply Chain Warfare’
A series of swipes at American companies show how China could take the initiative in a new trade war, using its economic dominance to exact pain.