Trump bet China would face 'tremendous difficulties' without U.S. consumers—Beijing just focused on the rest of the world instead - Fortune

Fortune1 day ago

China's trade diversification has been so successful that its export market is growing significantly despite the trade war.

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Trump bet China would face 'tremendous difficulties' without U.S. consumers—Beijing just focused on the rest of the world instead - Fortune

At the beginning of his tariff standoff with Beijing, President Trump was confident in his strong hand. Chinas economy was reliant on U.S. consumers, he said, and so it would have to make some compro… [+3994 chars]

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This article was originally published by Fortune and written by Eleanor Pringle.

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