Article 4EY1X Even Trump may ultimately retreat from the cost of the China trade war

Even Trump may ultimately retreat from the cost of the China trade war

by
Phillip Inman
from Economics | The Guardian on (#4EY1X)
The president's bullish advisers may be taking a hard line, but the chances of a deal are better than they look

During Donald Trump's campaign to be president, he regularly cited China's export subsidies as "evil", and in his manifesto he pledged to "cut a better deal with China that helps American businesses and workers compete".

The president turned decades of musings into a policy mission after his son-in-law, Jared Kushner, handed him a book by the academics Peter Navarro and Greg Autry - Death by China - which set out to explain how China manipulated the global trade system for its own ends.

The conciliatory language and the measured response from Beijing is reassuring

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