The best way to thwart China’s aggressive efforts to spy on the U.S. through bases in Cuba or other means is to cut off Beijing’s money supply through trade, author and China analyst Gordon Chang told Newsmax on Friday.
Shipments of goods from China to the U.S. in April dropped 21% compared with the same period a year earlier, according to data from China’s General Administration of Customs, a likely result of President Donald Trump imposing 145% reciprocal tariffs on Beijing.
Treasury Secretary Scott Bessent and China’s top trade official, He Lifeng, are to meet Saturday in Switzerland in the nations’ first formal trade negotiations since the reciprocal tariffs were imposed.
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