What are the risks of a U.S.-China trade war, and can conflict be averted?

The world's two biggest economies are on the brink of an economically destructive trade war. Here's what experts think could happen next.

Topics

What the 'mother of all trade wars' can teach us about U.S. tariffs, according to economists

Here's how current events are mirroring a key point in U.S. history that led to a trade war and exacerbated the Great Depression, according to economists.
CNBC - 4h
Can Trump win a trade war with China?

The economic battle between the world's two biggest economies has escalated
BBC News - 14h
Mexico and Canada Reach Last-Minute Deal With Trump to Avert Trade War

President Trump agreed to delay tariffs on Mexico and Canada for a month after both countries pledged to do more to block drugs and migrants.
The New York Times - 23h
Trump's trade war with neighbours is delayed - what did they all get out of it?

BBC reporters in the US, Canada and Mexico assess the fallout after Trump gets border promises in return for a 30-day pause on tariffs.
BBC News - 1d
What will be the impact of a North American trade war?

Carmakers, food producers and construction will be worst hit and consumers across the US, Mexico and Canada could suffer
Financial Times - 3d
Is Trump about to lead the U.S. into a trade war? Here's what to know.

Less than two weeks into his second term, President Trump may be poised to deploy steep tariffs against key U.S. trading partners.
CBS News - 5d
Colombia backs down and accepts US deportation flights to avert trade war

President Gustavo Petro agrees to accept deported migrants after Trump ordered 25% tariffs on all goods.
BBC News - Jan. 27
China sees room to avert trade war with Trump despite tariff threat

New US president hints at potential agreement linking TikTok ownership with tariffs
Financial Times - Jan. 22
How business is bracing for a US-China trade war

President-elect Trump talked tough on tariffs on his way to securing a resounding win for Republicans in November, and now businesses are preparing for a trade war that could eclipse the one that ...
The Hill - Jan. 9

What are the risks of a U.S.-China trade war, and can conflict be averted?

Topics

Related

What the 'mother of all trade wars' can teach us about U.S. tariffs, according to economists

Can Trump win a trade war with China?

Mexico and Canada Reach Last-Minute Deal With Trump to Avert Trade War

Trump's trade war with neighbours is delayed - what did they all get out of it?

What will be the impact of a North American trade war?

Is Trump about to lead the U.S. into a trade war? Here's what to know.

Colombia backs down and accepts US deportation flights to avert trade war

China sees room to avert trade war with Trump despite tariff threat

How business is bracing for a US-China trade war

More from CBS News

As Trump shuts down USAID missions, officials fear growing Ebola outbreak in Uganda may spread

Trump says he will obliterate Iran if he is assassinated, Esper loses security detail

Mattel may hike Barbie and Hot Wheels prices after Trump tariffs

60 Minutes publishes transcripts, video requested by FCC

Feb 5: CBS News 24/7, 1pm ET

More in Top stories

Judge Blocks Trump’s Birthright Citizenship Order

Trump's vision of a 'riviera of the Middle East' in Gaza condemned by America's friends

Trump, Musk and DOGE Are Tearing Apart the Government

As Trump shuts down USAID missions, officials fear growing Ebola outbreak in Uganda may spread

WATCH: Screaming match erupts among house lawmakers over motion to subpoena Elon Musk