A Stab at China’s View of the “Trade War”

A Stab at China’s View of the “Trade War”

Apologies to anyone who read my recent tariff posts. I did say about the first announcement that “yesterday’s rollout was not credible,” but should have stopped there. Rather than pretend the latest Trump administration spin on its latest walk-back is worth the time, it may be useful to assess the side that loves stability. China cares less about tariffs than it may seem. The key reason: Beijing’s prime goal isn’t prosperity, but leverage.  Many…