Economics

Talking Won’t End Trump’s Growing China Trade War Any Time Soon

  • President has repeatedly undermined dealmakers like Mnuchin
  • Analysts see trade war extending into 2019 and even beyond
Roach: Idea That America Has Upper Hand in Trade War Is Wide of the Mark
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The Trump administration’s trade war with China is following an increasingly predictable pattern and that should cause a rethink for anybody hoping for a rapid resolution.

The day after financial markets around the world cheered the apparent good news that Treasury Secretary Steven Mnuchin was inviting his Chinese counterparts to sit down for further high-level negotiations, President Donald Trump undermined that very idea.