China is in a terrible spot due to President Trump’s trade war. They need a deal.
(This is not surprising. I saw with my own eyes from Hong Kong how President Trump’s tariffs in his first administration greatly impacted China.)
PhD. Peter St. Onge is on top of it again. This time he is reporting on the impact of President Trump’s tariffs in China.
Chinese factories are getting wiped out in the trade war.
Containers are down by half. Factories are laying off half their workers or shutting down.
One local analyst calls it “way bigger” than Covid-19.
China needs a deal.
Chinese factories are getting wiped out in the trade war.
Containers are down by half. Factories are laying off half their workers or shutting down.
One local analyst calls it “way bigger” than Covid-19.
China needs a deal. pic.twitter.com/C93kukiUmy
— Peter St Onge, Ph.D. (@profstonge) May 1, 2025