US-China trade war - News analysis

Trump may be seeking to decouple US economy from China's

Move could be tactic to get US firms in China to relocate elsewhere, say some analysts

A deepening trade war with China battered the Dow Jones Industrial Average this week and raised not just pessimism over trade, but worries over the direction of US-China relations.

The latest round of tariffs is "far too great a gamble for the US economy", the National Retail Federation said in a statement. "Taxing Americans on everyday products like clothes and shoes is not the answer for holding China accountable.

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A version of this article appeared in the print edition of The Straits Times on May 15, 2019, with the headline 'Trump may be seeking to decouple US economy from China's'. Print Edition | Subscribe