CNA938 Rewind - Impact of tit-for-tat trade spiral between U.S and China
After China recently unveiled wide-ranging global export controls on products containing even traces of certain rare earths, U.S President Donald Trump fired back by threatening to cancel a planned in-person meeting with his counterpart Xi Jinping. The US leader also announced plans to double tariffs on Chinese goods to 100%, along with sweeping curbs on “any and all critical software”. Hairianto Diman examine the impact of this development with Priyanka Kishore, Founder and Principal Economist, Asia Decoded.