Red Lines and Reckonings
Welcome to The Adversarial. Every other week, we’ll provide you with expert analysis on America’s greatest challengers: China, Russia, Iran, North Korea, and jihadists. Read more below. *** China On May 12, the United States and China agreed to simultaneously suspend or remove tariffs imposed since April 2 for an initial period of 90 days. The agreement was negotiated between Chinese Vice Premier He Lifeng and U.S. Treasury Secretary Scott Bessent. It represents a major de-escalation of trade tension between the world’s two largest economies, at least for now — although the future path to rebalancing bilateral trade relations remains challenging. The post Red Lines and Reckonings appeared first on War on the Rocks.
Welcome to The Adversarial. Every other week, we’ll provide you with expert analysis on America’s greatest challengers: China, Russia, Iran, North Korea, and jihadists. Read more below. *** China On May 12, the United States and China agreed to simultaneously suspend or remove tariffs imposed since April 2 for an initial period of 90 days. The agreement was negotiated between Chinese Vice Premier He Lifeng and U.S. Treasury Secretary Scott Bessent. It represents a major de-escalation of trade tension between the world’s two largest economies, at least for now — although the future path to rebalancing bilateral trade relations remains challenging.
The post Red Lines and Reckonings appeared first on War on the Rocks.
