What Does China Have in the Trade War with Trump?

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Last Friday, China retaliated against the high tariffs imposed by the US President on this country — and other US trading partners — but it seems they were careful not to exceed what the White House announced on April 2. President Xi Jinping will impose a 34% tariff on imports from the US, equivalent to the retaliatory tariff that Trump called on Chinese products.

However, the "Make America Great Again" (MAGA) policy is pressuring Chinese leaders to fix their most serious economic mistakes. At the same time, it is also creating opportunities for China to reshape the Asian geopolitical map in its favor.

In today's article, Viet Hustler will summarize the state of the Chinese economy, and the opportunities this country can seize in this round of trade war:

1. Tariffs imposed on China

2. China's Internal Economic Issues

3. China's Production Overcapacity

4. Differences between China under Trump 1.0 and Trump 2.0

5. Differences in the impact of the war on people/businesses in each country.

6. Will China devalue its currency?