Trump’s Trade War With China Enters a More Aggressive Phase

The fact that U.S. President Donald Trump ordered a pause on the raft of new tariffs against most of the world’s countries – but not on most of those directed at China – highlights what these new levies are really all about. They are in large part specifically aimed at finally correcting a longstanding imbalance in the trade deficit between the U.

S. and China since the Ccmmunist country developed a capitalist twist in the 1990s under former leader Deng Xiaoping. This gap has become increasingly more dramatic through China’s…