Did China Win The Trade War With The Usa? China-US Trade Tariffs

U.S. President Donald Trump has been seen unilaterally engaging in a trade war with nations worldwide. However, the American president might find it somewhat costly to bully China with tariffs.  

Moreover, this will hamper domestic production. Within the USA, the production process depends heavily on the production of China as its raw material. 

However, Donald Trump started to impose tariffs on all countries after he declared his liberation day on April 2nd.  

Moreover, in the recent past, Trump even said at the UN that India and China have been “funding Russia” against Ukraine. 

However, China retaliated in the most effective ways, which brought the USA back on track. The New York Times reported that China had stopped the exports of certain rare earth minerals crucial for the global semiconductor and aerospace industries. 

China also stopped exporting jets that Boeing requires. However, these tactics by China have caused major issues for Trump’s Tariff war. 

This article of Big Jar News seeks to cover the podcast of Novara Media with Keyu Jin. Keyu Jin specializes in matters of the Chinese economy.  

Keyu Jin has also authored a book called the “New China Playbook – beyond Capitalism and Socialism.” 

Let us break down what Harvard economist Keyu Jin had to say regarding what Trump did. We will also do a thorough analysis of the current situation and the recent developments. 

What Was Discussed During The Conversation? 

The podcast touched upon some of the most relevant issues amid the China-US trade tariffs conflict. Jin was attending the Podcast from Beijing, China, and hence could report authentic information about the sentiment of the Chinese people. 

Has China Already Won Trump’s Trade War? 

The host of the show started the conversation by asking Keyu Jin if China had already won the trade war. 

Jin replied to this while saying that “no one ever wins a trade war”. However, she meant that both parties faced certain losses.  

However, she insisted that China was not really interested in engaging in any kind of trade war. Moreover, she feels that China has been pushed to take this stance of consensus.  

Furthermore, she also felt that there was consensus in China among the people, the leaders, and the government regarding the retaliatory measures. Moreover, the Chinese felt that certain retaliatory actions should be taken in areas where they could most effectively impact the Americans. 

Thus, the retaliatory tactics brought the Americans back on track.  

Was There Economic Nationalism In China Amid The China-US Trade Tariffs?

The host referred to the situation in Canada, where people could be seen protesting on the streets.  

Thus, the host asked if there was a similar thing going on in China. Jin said that Donald Trump brought that on him self during his first tenure. 

 Jin suggests that the first trade war, initiated by Trump around 2018, nearly mobilized the entire nation. Moreover, this mobilization overall encouraged the Chinese to put up more innovative efforts and technological advancements. 

However, Jin thinks that this time the tariffs imposed by Trump are motivating the Chinese to become more technologically advanced.  

Thus, Keu Jin thinks that China is trying to form partnerships with the countries in Europe. Thus, Keu Jin believes that the 2025 China-US trade tariffs situation gave China “renewed unity around a single goal.” 

She believes that the renewed unity was absent before that. However, imposed tariffs on China brought back the unity among the Chinese populace. 

What Is The Trade War Between China And The USA In The Long-Term Perspective? 

Moreover, the host of the show reminded the audience that there had been a China-US trade tariff situation for an extended period.  

He talked about Trump’s previous tenure and also pointed out that the rate of increase occurred during President Biden’s term. 

Thus, the host asked her what she thinks about China and the USA tariff war in the long term. 

Keyu Jin replied to this, stating that China has been preparing for this for a long time. She said that the Chinese Authorities have been preparing for this for the last eight years.  

Moreover, a few years ago, China faced an existential crisis, fearing it would be cut off from major tech chains by the US. 

Thus, Jin insisted that even if China has become a little weaker economically, it has, in reality, become more technologically stronger. 

China has been able to fulfil several technological gaps and has a strong tech supply chain.  

Thus, Keyu Jin also pointed out that several major economies like Japan and Korea had joined China’s technology supply chain. 

However, she believes that none of the players are fully committed to the process. The pivotal economies like Japan and Korea are hedging. 

Jin also pointed out that more economies, like those in Europe, have realized the unreliability of Americans and, hence, are hedging their bets by maintaining good relations with everyone, including China. 

What Is The Big Jar Take On China-US Trade Tariffs 

The USA has been imposing unilateral Tariffs on several countries, including India and China.  

Thus, many countries have found the USA to be an unreliable partner. However, many in the USA argue that the USA has been conventionally lenient with its tariffs post World War II.  

Even though this is partially true, the USA imposed lenient tariffs to expand its sphere of influence amid the spread of communism.  

However, the USA has proved itself to be an unreliable partner on several occasions. Moreover, China has developed in terms of tech and other aspects. Thus, it is difficult to bully China at this point.  

Moreover, the USA has tried to bully countries that it calls its close allies. This list of nations includes close friends like the UK, Australia, Canada, and many more. 

Thus, people find it difficult to differentiate between close friends and enemies of the USA.  

Frequently Asked Questions (FAQs)

Here are the answers to some of the most commonly asked questions about China-US trade tariffs.