in

Trump’s trade deals try a creative way to hobble China

In the first cold war between America and the Soviet Union, the two superpowers fought each other by proxy. Something similar is happening in America’s trade war with China. After conciliatory talks in Geneva and London, the two sides are no longer bashing each other with new tariffs. Instead, America is waging its war indirectly, through unfortunate third countries.

Trump’s trade deals try an innovative way to hobble China

Inflation expectations drift back down to pre-tariff levels, New York Fed survey shows