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Trump’s Trade War Is Strengthening China’s Soft Power
If the US is determined to fight a tariff and trade war, China’s response will continue to the end,” Liu Pengyu, spokesperson for the Chinese embassy in Washington, DC said in a statement to WIRED.
President Donald Trump’s sweeping tariffs on Chinese imports have sent millions of manufacturers, retailers, and small businesses on both sides of the Pacific scrambling to cope with a sudden and punishing rise in costs. When Trump’s most comprehensive tariffs caused global stock markets to take a nosedive earlier this week, US social media influencer Darren Watkins Jr., better known as IShowSpeed to his over 100 million collective followers, was wrapping up a sprawling tour across China with stops in Beijing, Shanghai, Shenzhen, and other cities. Over the past few years, a domestic housing market crash has eroded the savings of China’s middle class and youth unemployment has soared, causing demand for things like shopping and eating at restaurants to fall.
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