RIEM News LogoRIEM News

The US Is Losing The Trade War With China - CleanTechnica

The US Is Losing The Trade War With China - CleanTechnica
Source: cleantechnica
Author: @cleantechnica
Published: 10/30/2025

To read the full content, please visit the original article.

Read original article
The article from CleanTechnica challenges the mainstream media narrative that the recent US-China trade talks represent a major American victory. While the US secured some concessions from China, such as the resumption of soybean purchases and the lifting of rare earth export restrictions, the US agreed to reduce tariffs on Chinese imports from 57% to 47%. Economist Paul Krugman critiques these developments, arguing that the tariffs have caused lasting economic harm through higher prices, increased uncertainty, and a global loss of US credibility. He emphasizes that the main victims of the tariff war have been American consumers, producers, and workers, and that the supposed "victory" is more about the US ceasing self-inflicted damage rather than gaining a strategic advantage. Krugman further contends that the trade war has severely damaged the US’s standing in the global community. The US has violated past trade agreements, undermining its trustworthiness, while China has demonstrated geopolitical strength by leveraging its control over critical industrial inputs. The article suggests

Tags

energyrare-earth-materialstrade-wartariffsUS-China-relationselectronics-manufacturingglobal-economy