Surviving the shocks: what China and the US learned from 2025’s trade war
2025-12-18 11:35:34 source：SCMP
December 17, 2025
It has been a turbulent year for the fraught US-China relationship. In the second story in this new series, we look back at the events of 2025, examining how the trade war tested policymakers and firms, forcing a rethink in business, strategy and supply chains.
In April, when US President Donald Trump upended global trade by announcing “reciprocal tariffs” on almost all the country’s trading partners, officials in eastern China’s Ningbo – a national export hub – went on a wartime footing.
Across the Pacific, a rare earth importer in the US state of Indiana shared the same anxiety. Uncertainty over Beijing’s critical mineral export controls – part of its countermeasures against Trump’s tariff barrage – forced the company to scramble for alternative sources of rare earth magnets.
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https://www.scmp.com/economy/china-economy/article/3336670/surviving-shocks-what-china-and-us-learned-2025s-trade-war?module=spotlight&pgtype=homepage