ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Opinion

China's four trump cards in the trade war

Beijing is deploying weapons the US did not anticipate

| China

"Trade wars are good, and easy to win." So claims Donald Trump. Interesting, then, to look at how China's Xi Jinping is proving the U.S. president wrong on both accounts.

Trump's description of trade wars as "good" is given the lie by strong criticism from fellow Republicans. One example: Senator Ben Sasse warning that the protectionist gambit is "going to make it 1929 again." Trump's charactization of trade wars as "easy" is contradicted by his needing to subsidize farmers China-style, some of them in Sasse's state of Nebraska, to the tune of $12 billion.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more