Newsroom & Opinion

CNBC Global Investing Hot Spots: Why China ‘holds all the aces’ in a full-blown US-China trade war

June 15, 2018
In the News

On Friday the Trump administration announced it will impose a 25 percent tariff on up to $50 billion in Chinese goods in an effort to protect U.S. intellectual property and technology. The decision brought an immediate backlash from Beijing. China in retaliation said it will introduce taxation measures of the same scale and strength. As the world’s two superpowers inch closer to a trade war, market experts are asking: Is this a game the United States can win?


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