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Politics

Will there be a Pacific trade war in 2018?

Trump likely to consider tough unilateral actions against China especially if North Korea crisis eases

| China
Unable to deliver on his election promises to remedy trade problems with Asia, President Donald Trump will likely feel compelled to take action.   © Reuters

This year is almost certain to see heightened economic tensions between the U.S. and Asia. Whether or not one describes the situation as a "trade war" is a matter of definition. But at the very least, we are likely to see significant trans-Pacific skirmishes and battles on the trade front in 2018.

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