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Al Jazeera
Al Jazeera
Politics
Megha Bahree

As US and China escalate trade war, the world asks, ‘Who will blink first?’

US President Donald Trump and Chinese President Xi Jinping are entangled in a trade war that has roiled global markets and businesses large and small [File: Mandel Ngan and Pedro Pardo/AFP]

As United States President Donald Trump and Chinese President Xi Jinping face off in an escalating trade war that has roiled global markets and businesses big and small, the question on countless minds is who will blink first.

Trump has pummelled China with a 145-percent tariff. Beijing has retaliated with a duty of 125 percent.

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