Source: Foundation for Economic Education
by Mark Nayler
“Despite US Treasury Secretary Scott Bessent’s warning that anyone seeking stronger trade ties with Beijing would be ‘cutting their own throat,’ Donald Trump’s weaponized tariffs are causing many countries to seek closer relations with China. There has been a barrage of diplomacy in the first few months of 2026, especially from European leaders concerned about the effects of Chinese competitiveness on domestic industries.” (04/27/26)