Cardiff Garcia: Tariffs on China Will Hurt Both Economies

EXCERPT:

GARCIA: “What's happening now is that there's just a standoff between the two countries. And I think each side is waiting for the other one to blink. And so that the de-escalation can start right because, in the meantime, it's going to hurt both economies. The thing to know, though, is that China has been preparing for exactly this moment since at least the first Trump term.”