Who Holds The Cards In US-China Trade War?

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President Donald Trump and Chinese President Xi Jinping are in the early stages of a major trade showdown, and each leader is equipped with enough ammunition to inflict serious pain on his adversary.

China has been one of the only countries to retaliate against Trump’s “LiberationDay” levies, bringing its rates against U.S. goods to 125%  while the Trump administration imposes a 145% duty for Chinese goods. The world’s two largest economies have the capacity to inflict considerable economic pain on the other, and neither side seems keen to blink first — but experts who spoke to the Daily Caller News Foundation agree that the U.S. will likely be able to inflict more economic damage on China than China can inflict on the U.S.

“Across the board, whether it’s the opposition party, wobbly members of the Republican coalition, different parts of the alleged international…

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