As US and China escalate trade war, the world asks, ‘Who will blink first?’

The article discusses an escalating trade war between the U.S. and China, with both nations imposing high tariffs on each other's goods. U.S. President Donald Trump has recently increased tariffs and ordered a national security review of critical mineral imports from China, while China has retaliated by suspending Boeing jet deliveries and halting purchases from U.S. companies. Analysts suggest that neither country will blink first due to their preparedness for the trade war's economic impact. Trump's approach is criticized as simplistic and unrealistic, with questions raised about his specific goals for these tariffs. China has been diversifying its trade partners and preparing for a prolonged dispute, making it unlikely that it will capitulate quickly. Some experts predict that Trump may eventually back down due to pressure from domestic special interests.