OpinionThinking About China

China–US Trade War Escalates

The tit-for-tat trade war in which the United States and China are engaged has escalated recently and shows zero sign of moderating any time soon.
Save
China–US Trade War Escalates
A cargo ship loaded with containers makes its way at a port in Qingdao, Shandong Province, China, on Jan. 14, 2020. STR/AFP via Getty Images
Milton Ezrati
Updated:
0:00
Commentary

When media outlets say the United States and China are on the brink of a trade war, they mislead. The fact is that these two huge economies have long since gone over that brink. They are involved in a full-fledged trade war that will likely only intensify.

Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is "Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live."
Related Topics