Zero Hedge
by Tyler Durden
Monday, Apr 21, 2025 – 03:00 PM
It’s starting to smell like a real trade war.
Just days after the WSJ reported that Scott Bessent’s grand trade war strategy was to force more than 70 US trade partners to sign bilateral deals while aligning against China, Beijing has warned it will retaliate against countries that negotiate trade deals with the US “at the expense of China’s interests”, fueling global tensions as the world’s two economic superpowers lunge at each other over tariffs.