The speed and scale of China’s retaliation to the proposed US tariffs represents a significant escalation of tensions, though there is still plenty of time for a deal to be struck before tariffs come into effect. The risk is that President Donald Trump raises the stakes further, possibly by labelling China a currency manipulator later this month.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.