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The Nikkei View

The US and China must stop their dangerous game of trade chicken

With the global economy at stake, it is time to ease tensions through dialogue

Will U.S. President Donald Trump and his Chinese counterpart, Xi Jinping, continue to chose escalation over dialogue?   © Reuters

The U.S. and China have fired the opening shots of a trade war. It is hard to see their moves as anything other than reckless acts that endanger the global economy. The two countries should immediately reverse course on their punitive and retaliatory measures and ease tensions through dialogue.

Washington has imposed a hefty 25% tariff on $34 billion worth of imported Chinese goods in reaction to alleged intellectual property violations. Beijing responded by setting in motion reciprocal tariffs of the same scale and rate, making the possibility of a collision between the world's two largest economies a reality.

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