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cover of episode PDB Situation Report | April 12th, 2025: Can China Survive A Tariff War? & Russia Launches Spring Offensive

PDB Situation Report | April 12th, 2025: Can China Survive A Tariff War? & Russia Launches Spring Offensive

2025/4/12
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The President's Daily Brief
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President Trump has reversed course on global tariffs, except for China, where he's increasing them to 104%. China is retaliating, leading to an economic clash. Gordon Chang discusses the implications for the global economy, noting China's vulnerability due to its export-dependent economy and trade surplus with the U.S.
  • Trump imposed tariffs of 145% on China, demonstrating political will.
  • China's economy depends heavily on exports and has a trade surplus with the U.S.
  • Xi Jinping believes he can intimidate Trump into surrendering by influencing Wall Street, C-Suite, and Main Street.

Shownotes Transcript

In this episode of The PDB Situation Report:

 

  • President Trump pulls back on tariffs—except when it comes to China. Gordon Chang joins us to explain what this economic clash means for the global economy—and why it could hurt China more than the United States.

  • On the battlefield, both Russia and Ukraine have launched fresh offensives, with fighting intensifying on multiple fronts. George Barros from the Institute for the Study of War breaks down what’s driving the new surge in combat—and what could come next.

 

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