US, China Trade War Already Reshaping Trade Links

Posted on May 14, 2019 11:33 am

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With the Trump administration locked in an escalating trade war with China, much of the media focus is on the immediate impact of decisions by leaders on both sides to impose sharp tariffs on goods flowing between the two countries. But while consumers and exporters in both countries will suffer in the near-term, an even more disruptive possibility looms in the long term: a “decoupling” of two massive economic systems that have become deeply interdependent over the past several decades. At the root of the dispute is a U.S. effort to force China to bring its trade policies in line