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The Mercurial vs. the Inscrutable

Tablet
April 25, 2025
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Donald Trump’s apparent climb-down from his 245 percent tariffs on Chinese imports has critics gleefully proclaiming his humiliation at the hands of China’s Xi Jinping. Not so fast, writes Henry Gao in Tablet. China, Gao argues, needs the U.S. far more than vice-versa, and the Communist regime’s relentless propaganda merely masks worsening structural economic weaknesses that would make a protracted trade war all-but unendurable.

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