HomeEconomicsAmerica could win this trade war if it wanted to

America could win this trade war if it wanted to

October 18, 2025

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Trump is likely to fold, as usual. But if he didn’t, the U.S. could free itself from the Chinese yoke.

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Noah Smith is a former Bloomberg Opinion columnist. He was an assistant professor of finance at Stony Brook University, and he blogs at Noahpinion.

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