Who blinks first — US or China — will determine future of trade

By

Opinion

December 10, 2018 - 10:23 AM

WASHINGTON — “When you strike at a king you must kill him,” Ralph Waldo Emerson once said. Well, this year China tried to strike at President Trump for daring to launch a trade war with Beijing — and missed the mark entirely.

After Trump imposed massive tariffs on Chinese goods earlier this year, Beijing responded in June with what appeared to be a clever strategy: targeting retaliatory tariffs against Trump voters in rural farming communities across the United States. China is the largest importer of U.S. soybeans, buying $14 billion of them in 2017. Three of the biggest…

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