Peter Schiff: China Threatens US
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China trade war fuelsCoinGape
•US Politics
US Politics
Peter Schiff Cautions US Against Trade War Escalation With China

69% Informative
Peter Schiff warned that China holds significant power over the United States and does not need to respond with tariffs to cause economic damage.
China may be better positioned in a battle for economic strength than the US , which depends heavily on imports and debt.
Schiff advocates the US to take more tempered action to prevent such a move.
Bitcoin dropped below $ 77,000 following the reciprocal tariff updates.
Bitcoin bounced back slightly, but some experts think the recovery may not last.
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