BY ASIA TIMES STAFF
Top economic adviser’s comments confirm pessimistic view of negotiations
BY DAVID P. GOLDMAN
It might take a minor hit to growth, but China will survive a trade war with the US, and Europe will have a larger piece of a market that still has much room to expand
BY GORDON WATTS
Policy spat between the People’s Bank of China and the Ministry of Finance reveal the challenges ahead for Beijing
Mickey Levy, E21
Trump’s proposed new tariffs on $200 billion of imported goods from China escalate the U.S.-China trade conflict and intensify the debate about the economic and political implications of trade negotiations. Clearly, the tariffs will be costly to some U.S. industries, but they also put China in a bind. Also, markets are speculating that China may devalue its currency as a retaliatory measure. These issues are more complex on many dimensions than they seem on the surface. Read more here....