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Al Jazeera

Business

Andy Hirschfeld

UNCOVERED: Can china use us debt in its tariff war against the us | History Defined

United States China Alex Jacquez Donald Trump the Federal Reserve US Federal Reserve

President Donald Trump, left, and China's President Xi Jinping are thick in a trade war [File: Susan Walsh/AP Photo]

The United States and China are in a trade war face-off.

The US exported $143bn worth of goods to China in 2024 and has a trade deficit of $295bn.

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Top stories on inkl right now

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One subscription that gives you access to news from hundreds of sites

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Democrats warn Trump officials to keep records or risk criminal penalties after midterm victories

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