On trade wars China is playing a careful game, but it holds more cards than Trump | Business

At the beginning of September, Chinese president Xi Jinping incensed Donald Trump by imposing a flurry of new import duties on US goods, including semiconductor chips and mobile phones. It was a retaliation too far for the US president, especially when the stock market reaction was to send shares in America’s second most valuable company … Read more…

‘Amazing deal’ or ‘capitulation’? Why the US-China trade truce may not last | Business

The trade war between the US and China may never be settled, experts fear, even after the two sides agreed on an outline “phase one” deal. Economists and investors have been poring over the weekend’s announcement, which appeared to end a dispute that has roiled financial markets for 17 months. According to Washington’s trade negotiator, … Read more…