China's not backing down from Trump's trillion-dollar game of chicken
axios.com/2025/05/01/trump-tariffs-china-bessent-xi-jinping
President Trump is putting China's economy through a trillion-dollar stress test, and he may not like the result.
Why it matters: Treasury Secretary Scott Bessent insists China is far more reliant on the U.S. than vice-versa, and thus has no choice but to blink first.
But Chinese…
This story appeared on axios.com, 2025-05-01 09:00:00.