Despite the friendly public interactions between negotiators such as Chinese Vice Premier Liu He (left) and US Trade Representative Robert Lighthizer, there has been little sign of a settlement on trade talks, which are of massive importance to the world economy. Photo: EPA-EFE
Opinion
Opinion
Inside Out
No trade deal? Why China should walk away and hit back at the US, in the sectors where it really hurts
- While all may seem calm in markets despite the failure of the latest round of talks, a protracted trade war risks doing severe harm to the global economy
- China should draw up countermeasures to hit US businesses and be ready to shift its dealings to the EU, Japan and Asean
Despite the friendly public interactions between negotiators such as Chinese Vice Premier Liu He (left) and US Trade Representative Robert Lighthizer, there has been little sign of a settlement on trade talks, which are of massive importance to the world economy. Photo: EPA-EFE