The United States and China are locked in a faceoff over tariffs. No one wants to blink first
By DIDI TANG and ZEKE MILLER
WASHINGTON (AP) — The tariff fight between the world’s two largest economies spiraled into greater peril Wednesday as President Donald Trump tried to narrow his global trade war into a direct — and risky — faceoff with Beijing.
As Trump reversed his larger “reciprocal” tariffs on most of the world in the face of recession fears, he nonetheless hiked his tariffs on China once again — to 125%. The move locks the strategic rival