Economics

Trump Tariffs Set Stage for Drawn-Out Trade Battle With China

New U.S. duties on China suggest trade war will run into 2019
Trump signaling vulnerability at home which may delay deal

Former EU Trade Commissioner Peter Mandelson discusses the escalating trade tensions between the U.S. and China.(Source: Bloomberg)

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By Shawn Donnan

September 18, 2018 at 5:49 AM UTC

This article is for subscribers only.

President Donald Trump’s decision to elevate his trade war with China to new heights sets the stage for a more prolonged battle between the world’s two largest economies.

With a 10 percent tax on over 5,000 more products from China now taking effect next week, Trump changed the character of his campaign with Beijing in three ways, all of which suggest the dispute will not end soon.