Trump’s trade war: the view from China

特朗普的贸易战:中国视角

Today in Focus

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2025-04-17

30 分钟
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As the Washington-Beijing trade war grows deeper, who will blink first? Amy Hawkins reports. Help support our independent journalism at theguardian.com/infocus
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  • This is The Guardian.

  • Today, Trump's trade war, the view from China.

  • I'm just entering Iwu International Wholesale Market,

  • which is the world's biggest wholesale market on China's East Coast.

  • That's Amy Hawkins, The Guardian's senior China correspondent.

  • It's a real sight to behold.

  • I'm currently on the stationery floor and there are just thousands and thousands of pens and notebooks and stapler and highlighters and anything else

  • that you might buy in an office supplies shop in the UK.

  • Places like Iwu are on the front line of Donald Trump's escalating trade war.

  • If you bought something on Timur or Xi'en or from Poundland or any kind of small manufactured goods in the past 20 years,

  • it could well have come through Iwu.

  • Trump's ever-changing tariff regime has shaken up global trade,

  • and nowhere more so than in China, where he's imposed tariffs of 145%.

  • We lost with China over the Biden years trillions of dollars on trade,

  • trillions of dollars, and he let them fleece us and we can't do that anymore.

  • But China is fighting back and looking to sell more to the rest of the world and to its own people.

  • There's this arrow, I think, in China of even though the economy is very dependent on exports,

  • a lot of people like to say we don't need the US anymore, it's not a big deal if the US goes away.

  • With trade between the world's two superpowers on ice,

  • there are growing fears of an even greater, more dangerous escalation.