Liberated or Losing? How the U.S. is Faring in Its Trade Struggle with China
The Wire takes stock of the U.S.-China trade picture and the effort to shift global manufacturing back to America a year on from Liberation Day.
A container ship is pictured at the Port of Lianyungang, China. Credit: ICPhoto via Depositphotos
It remains one of the most dramatic moments during a tumultuous presidency: Donald Trump stood in the White House’s Rose Garden on April 2 last year and announced America’s ‘liberation’ from unfair markets by applying sharply higher tariffs on U.S. imports from around the globe.
Trump and Xi meet in South Korea in October 2025. Credit: The White House.
A year on, and the president’s signature economic policy has undergone several changes, most notably in February after the Suprem
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