US President Donald Trump believes that by reducing the US trade deficit with foreign manufacturers, he will be able to resuscitate domestic industries. Photo: AFP US President Donald Trump believes that by reducing the US trade deficit with foreign manufacturers, he will be able to resuscitate domestic industries. Photo: AFP
US President Donald Trump believes that by reducing the US trade deficit with foreign manufacturers, he will be able to resuscitate domestic industries. Photo: AFP
Richard Heydarian
Opinion

Opinion

Richard Heydarian

How Donald Trump’s assault on the trade deficit with China has sapped American power

Richard Heydarian writes that the economic glue which once undergirded stability in Sino-American relations has placed the two superpowers on a collision course

US President Donald Trump believes that by reducing the US trade deficit with foreign manufacturers, he will be able to resuscitate domestic industries. Photo: AFP US President Donald Trump believes that by reducing the US trade deficit with foreign manufacturers, he will be able to resuscitate domestic industries. Photo: AFP
US President Donald Trump believes that by reducing the US trade deficit with foreign manufacturers, he will be able to resuscitate domestic industries. Photo: AFP
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Richard Heydarian

Richard Heydarian

Richard Heydarian is a Manila-based academic and author of "Asia's New Battlefield: US, China and the Struggle for Western Pacific" and the forthcoming "Duterte's Rise"