https://sg.finance.yahoo.com/news/china-threatens-retaliate-tariffs-60-122400705.html
This is something the USA won't understand. China won't cower in the face of higher tariffs because of historical shame and nationalistic characteristic.
The higher tariffs will only hurt the USA in the end and the US Senate has shown its displeasure.
This is a trade war that the USA cannot win because the USA will blink first, not China.
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https://sg.finance.yahoo.com/news/market-suggests-china-blink-first-224500152.html
CNBC also shared the same analytical view as us that the USA would blink first in a trade war.
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