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Superpowers' real race for supremacy behind tariff tiff

Daryl Guppy
Daryl Guppy • 5 min read
Superpowers' real race for supremacy behind tariff tiff
A garment store at a textile and clothing wholesale market in Guangzhou, China / Photo: Bloomberg
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When shock tactics are used too often, they cease to have a shock effect. While President Trump’s tactics are certainly distracting and overwhelming the daily news cycle, their longer-term impact is dulled. It is easy to recognise these are rather unsophisticated bargaining methods that may work well in real estate but are less effective when applied internationally to friends and foes alike.

However, that is not to deny the ongoing irritation that it inflicts on business. Among the petty nuisances are the suspension and then lifting of the duty-free de minimis treatment for products with country of origin from China and Hong Kong.

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