News analysis

Latest tariffs take US, China to the trenches in trade war

To China, the tariff threats of the US are a sign that President Donald Trump wants a deal - which is a sign of weakness. PHOTO: AFP
New: Gift this subscriber-only story to your friends and family

Friday's escalation of tariffs imposed by China and the United States on each other, and President Donald Trump tweeting "We don't need China", has raised questions whether the two powers even want to - let alone can - find an off-ramp in an accelerating struggle for global ascendancy.

Trade is just part of the struggle.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Sunday Times on August 25, 2019, with the headline Latest tariffs take US, China to the trenches in trade war. Subscribe