Beijing Is Bluffing, Again

What leverage does China really hold over the United States in the current tit-for-tat tariff war that is unfolding? What does this mean about China's future, its economy, and its power? A look at the past, when the first U.S.-China trade war took place, can provide insight into what the future might look like for China. However, Beijing's behavior has not changed since then, and it continues to bluff that it is in the fight "until the end."