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China's economic struggle amid US Tarrifs
6 months ago
40
People with businesses across China are feeling the pressure as the Chinese authorities vow staunch resistance to the United States and the Trump with Tarrifs and administration’s tough approach to trade and bilateral relations.
Chinese companies, workers, and industry insiders are reported being caught in a bind by the escalating U.S. tariffs, as usual orders are not coming in.
While Chinese social media is flooded with anti-U.S. propaganda and nationalist content, posts and videos warning of mass layoffs and prolonged “vacations” offer some indication of the unease spreading throughout an export-driven economy already struggling with high unemployment, shrinking profits, and declining foreign investment.
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