A cargo ship carrying containers stops at Qingdao Port on April 6 in Qingdao, China. The United States has shown little fear of the consequences of escalating trade tensions with China far beyond what would be considered a typical dispute, and China has so far stood up to those escalations.
U.S. President Donald Trump keeps nudging China toward a trade war. After markets closed on April 5, the White House announced in a press statement that Trump had directed U.S. Trade Representative Robert Lighthizer to consider increasing the amount of Chinese goods subject to new U.S. tariffs by another $100...
TO READ THE FULL ARTICLE
Copyright © Stratfor Enterprises, LLC. All rights reserved.