No Global Trade War Despite Rising Tensions: Sri Lanka Premier

Trump is focused on Mexico, not China, says PM Wickremesinghe
Rising Asian countries to use new clout against banks: Premier

Sri Lankan Prime Minister Ranil Wickremesinghe speaks in Colombo on Jan. 4, 2017.
Photographer: ISHARA S. KODIKARA/AFP/Getty Images

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By Matthew Campbell, Iain Marlow, and John Fraher

January 18, 2017 at 11:04 AM UTC

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Tensions between the U.S. and China are unlikely to escalate into a global trade war, even as geopolitical friction intensifies across Asia, Sri Lanka’s prime minister said.

Ranil Wickremesinghe said President-elect Donald Trump’s election pledge to bring back jobs and revive U.S. manufacturing has more to do with Mexico than with China.