US-China Trade War: Who Blinks First


US-China trade war: who blinks first
Reports suggest the Chinese government is about to cut import taxes on US-made cars, from 40% to 15%.
Beijing raised tariffs on US car imports in July, as tension with Washington over trade intensified.
World Business Report asked one of our regular commentators, the US economist Irwin Stelzer, how big a climbdown the car tariff cut would be for China.
(Image: Ford F150 trucks go through the assembly line at the Ford Dearborn Truck Plant in Dearborn, Michigan. Credit: Getty Images)

US-China trade war: who blinks first?
US-China trade war: who blinks first?

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