Why China might have a winning hand in trade war with US
US President Donald Trump (left) attends a bilateral meeting with China's President Xi Jinping during the G20 leaders summit in Osaka, Japan on June 29, 2019.
When Donald Trump pulled back on his plan to impose eye-watering tariffs on trading partners across the world, there was one key exception: China.
While the rest of the world would be given a 90-day reprieve on additional duties beyond the new 10 percent tariffs on all US trade partners, China would feel the squeeze even more.