Bracing for the US-China trade war to come

China’s announcement of export controls on 28 US companies, including defense giants Lockheed Martin and Boeing Defense, signals an ominous start to 2025. This latest trade war salvo in the US-China rivalry comes just as Donald Trump prepares to resume the presidency, reigniting speculation that tit-for-tat trade policies will define the global economic landscape this year and possibly beyond.

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