Trump's initial trade war against China involved tariffs so high they amounted to a trade embargo, which failed because China retaliated with tariff-for-tariff responses and restrictions on rare earth exports, creating problems for US manufacturers and forcing a 'major climb down' by the Trump administration.
factualpending
Speaker
Neil FergusonEvidence Quote
“He imposed such high tariffs at one point that it amounted to a trade embargo...China retaliated tit-for-tat...led to a major climb down by the Trump administration.”
Source
Niall Ferguson, Victor Davis Hanson and Stephen Kotkin: Three Historians Debate The Era of Trump— Hoover InstitutionCreated: 8/11/2026, 7:30:05 AM
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