Opinion
Biden’s trade action against China is just polite Trumpism
Improved relations between the two powers can’t mask age-old trade tensions. Better communication is important precisely because the structural problem between China and the US is likely insoluble.
Edward LuceColumnistTension between America and China was so bad a year ago that Janet Yellen could not get permission to go there. Now the US Treasury secretary is a social media hit in China.
Yellen’s two trips – most recently last week when she got red carpet treatment – have not yielded U-turns in Beijing: America and Europe continue to suffer from China’s goods dumping.
Financial Times
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