U.S. President Donald Trump has shown a penchant for trying to bully America’s trading partners into concessions at the negotiating table. In China, he faces a rising superpower with the economic might to hold its own.
In his second year as president, Trump has moved to deliver on election promises to crack down on countries he accuses of unfair trade practices. The U.S. has imposed tariffs on steel imports, renegotiated its trade deal with South Korea and proposed sweeping duties on Chinese products. The hawkish turn has raised concerns among investors of an escalating trade war that undermines the broadest global growth in years.