China Reveals Its Hand in Trade War, Risking Greater Isolation
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China Reveals Its Hand in Trade War, Risking Greater Isolation

China tried to inflict maximum pain on the United States, but hasn’t improved its position and risks further isolation, experts say.
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By Terri Wu
Updated:

The U.S.–China trade war has unfolded like a boxing match. Both sides were trading blows, and suddenly, China threw a haymaker.

That’s the analogy William Lee, chief economist of the Milken Institute, used to describe the latest development in the economic confrontation between the two countries.

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