Chinese and U.S. flags are shown in Beijing, China April 27, 2018.

US-China Trade War

The United States and China have a long history of economic rivalry. But since 2017, the Trump administration’s challenges to China’s business activities and subsequent US and retaliatory tariffs by China, and other actions, have spiraled into a full blown economic and trade war. As a result of these moves and their related threats, the Chinese and US economies are in danger of decoupling. Their mutual distrust poses a grave danger to global economic health.