Trump administration underestimates China, experts warn

Trump (right) walks on deck with First Lady Melania Trump (left) during a visit to the Japanese Navy destroyer JS Kaga, in Yokosuka, Japan, May 28, 2019.
Trump (right) walks on deck with First Lady Melania Trump (left) during a visit to the Japanese Navy destroyer JS Kaga, in Yokosuka, Japan, May 28, 2019.PHOTO: EPA-EFE

WASHINGTON - Just as China underestimated the Donald Trump administration, the Trump administration is underestimating China, Peterson Institute of International Economics (PIIE) trade experts warned on Tuesday (May 28) in Washington.

Tariffs imposed by either side in the course of the US-China trade war, seem unlikely to be lifted any time soon, and a deal on trade now seems further away than before. A deal when President Donald Trump meets China’s President Xi Jinping in Japan in late June, also seems unlikely, they said.

Please or to continue reading the full article. Learn more about ST PREMIUM.

Enjoy unlimited access to ST's best work

  • Exclusive stories and features on multiple devices
  • In-depth analyses and opinion pieces
  • ePaper and award-winning multimedia content