A trade war hurts America too but China is especially vulnerable, writes Bob Davis. Does China have some not-so-secret weapons that will help it outlast the U.S. in the trade war?

Some experts say Trump’s “Liberation Day” tariffs, which extended even to remote islands, were meant to cut China from the global supply chain with whatever means necessary.

President Donald Trump has predicted that his tariffs could raise as much as $6 trillion over the next decade in federal tax collections. These include up to 104% tariffs on China, plus the combination of reciprocal tariffs — we charge them whatever they charge us.  

President Trump has imposed the largest tax increase since 1982 through his tariffs, which will cost U.S. taxpayers $258.4 billion this year alone and $2.9 trillion over a decade, damaging the Repu…

By: Karl Rove – wsj.com – April 9, 2025 This chaos has been bad for everyone. Can the master negotiator now turn it around? Common sense prevailed Wednesday when President Trump announced he’d pause tariffs on most countries for 90 days. It’s good for America and his own political standing that he’s decided to become a dealmaker. He’s certainly got...

The old order of globalisation and industrial decline has failed working-class Americans.

Let me say, up front, that I do not know if Trump’s tariffs will accomplish his purposes or not.  Tariffs are common in human history.  Some tariffs, in some places, and at certain times, have had some benefits to a country’s economy.

By: Gerard Baker – wsj.com – April 7, 2025 In the days after Japan surrendered at the end of World War II, he was a young boy living in a small town. As American troops moved to occupy the country, the mood was one of panicked terror. The Japanese had been told by their leaders that the victorious Americans would...

The world’s business leaders are worried. Donald Trump’s return to power and the growing hostility of China and Russia are upending 80 years of international rules-based order. In its place is emerging a more chaotic and volatile world, where conflict is commonplace and state actor aggression online continues to escalate.

The whole thing was hastily assembled, sloppy, and riddled with errors. Source: Donald Trump’s Tariffs: No Genius Plan | National Review