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Explore Why China will not win the trade war (big picture) with 631,441 views, 18,632 likes, and 3,187 comments. Experience the impact of this video content that has captured audience attention.

Advertising sponsor: Get access to global coverage at an exclusive 20% discount at https://economist.com/moneymacro Further reading mentioned in the video: American tariffs are starting to hammer Chinese exporters: https://www.economist.com/china/2025/04/29/american-tariffs-are-starting-to-hammer-chinese-exporters The trouble with MAGA’s manufacturing dream: https://www.economist.com/business/2025/04/28/the-trouble-with-magas-manufacturing-dream Which stockmarkets have benefited from the chaos on Wall Street?: https://www.economist.com/graphic-detail/2025/04/28/which-stockmarkets-have-benefited-from-the-chaos-on-wall-street If you appreciate the research, consider buying me a 'coffee' at https://ko-fi.com/moneymacro or supporting long-term for membership benefits via: https://www.patreon.com/moneymacro WANT AN IN-DEPTH INDUSTRIAL POLICY MASTERCLASS? △ https://school.moneymacro.net/p/industrial-policy-masterclass LIKE CHATTING ECON WITH ME? △ Follow me on Twitter: https://twitter.com/joerischasfoort △ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-schasfoort/ △ I have a private Discord server for Senior and Chief economist Patrons / members. SOURCES: I've linked my sources in the blog that goes along with this video. Links are in the text. https://www.moneymacro.rocks/2025-05-08-trade-war-winner/ Timestamps: 00:00 Intro 02:08 The rise and fall of global hegemons 10:22 China Wins 14:05 US wins 16:20 Likely scenario 17:19 Conclusion + sponsor Attribution: Music by Epidemic Sound: http://nebula.tv/epidemic Thank you to AP Archive for access to their archival footage. Stock footage and others clips by Getty Narrated and produced by Dr. Joeri Schasfoort

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