Trump is expected to significantly ramp up the US-China trade war and accelerate efforts to decouple the two economies, if he wins the upcoming presidential election.
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00:00It's Benzinga, and here's what's on the block.
00:03Trump is expected to significantly ramp up the U.S.-China trade war and accelerate efforts
00:07to decouple the two economies if he wins the upcoming presidential election.
00:11Trump would likely increase tariffs on Chinese imports, disregarding warnings this could
00:15hurt the U.S. economy.
00:17Harris would likely continue Biden's more multilateral approach, focusing on limiting
00:21China's access to key technologies through export controls rather than broad-based tariffs.
00:27Harris warned that heightened tariffs risk a full-blown trade war with enormous economic
00:31costs for both sides and little prospect of meaningful concessions from China.
00:35For all things money, visit Benzinga.com.