OPINION

A trade war that is about more than trade

News, Thitinan Pongsudhirak, Published on 24/08/2018

» The most dangerous risk from the ongoing "trade war" between the United States and China is that it is not fundamentally about trade. With each tit-for-tat escalation and retaliation from both sides, what the world is witnessing is a larger struggle between two grand competitors of the 21st century, underpinned by opposing systems of socioeconomic organisation, values and ideas about global order.