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"China now has the leverage over the West. It is in price deflation while the U.S. is in price inflation. They're so competitive the West can't sell their products into China in the future. Effectively, China is out of the equation. They have become dominant."
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!["China is out of ammunition. They're the smaller economy... and China is the trade surplus trader [with the U.S.] ... I think Xi Jinping is in a very difficult position right now." Gordon G. Chang on the dueling tariffs between President Trump and China.](https://image.24vids.com/tw-1909361541541151167/media/Gn896y4XMAAszFb.jpg)
