Trump’s latest trade offensive is more about power than economics

Quick Summary:

Tariffs can be a double-edged sword, but the administration has decided to use economic pressure to achieve broader strategic objectives.

The opening salvoes of US President Donald Trump’s trade war have sent shock waves around the world.

Yet, although Chinese and US tariffs are based on similar reasoning, their impact will not necessarily be the same.

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Article Details

Author / Journalist: Nancy Qian

Category: Business

Markets: Hong KongCanadaChinaDenmarkMexicoUnited States

Topics: Tariffs Importers Imports Trade First Trump’s Goods Suppliers Chinese China American

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-11 @ 14:34:07 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 391 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 26070746

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About SCMP

Main Topics: Business

Official Website: scmp.com

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Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 4 hours ago

Coverage Areas: Hong Kong

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #42

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