Trump tariffs and doubling down on “Made in China 2025”

The trade war between the US and China is now in full bloom. And it's likely to escalate. My view here has been that China is more vulnerable in this bust-up than the US. Even so, I don't expect the Chinese to back down. On the contrary, what is happening now only reinforces the hardliners' view that China needs to lessen its dependence on the West and continue to power forward. So I anticipate China doubling down on its commitment to the the "Made in China 2025" initiative. Some comments below
First, here's where we are in the trade war
US President Trump has promised to escalate if China doesn't compromise. And so far, Trump has delivered on these promises, ratcheting up the number of goods subject to tariff each time. In this past round, Trump added a number of consumer goods to the tar...


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