After Donald Trump introduced "liberation day" tariffs last year, many assumed that China's trade would slump. But by the end of 2025 it had defied all expectations. We explain how https://t.co/UtNwXK71jhPhoto: Getty Images pic.twitter.com/eCkaVRQZVy— The Economist (@TheEconomist) April 24, 2026
After Donald Trump introduced "liberation day" tariffs last year, many assumed that China's trade would slump. But by the end of 2025 it had defied all expectations. We explain how Photo: Getty Images pic.
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