New world order: People visit the bund in front of Shanghai’s financial district of Pudong. The US-China trade war looks like the beginning of a profound break in the global order. As China and the United States form two opposing economic and geopolitical coalitions, the rest of the world will be forced to choose. — Reuters
President Donald Trump has long said the goal of his trade policy is simply to get better deals for Americans. But as the trade war intensifies, it seems increasingly likely that his policies will lead to something more: a lasting break with China and a new alignment of global power.
First, consider the evidence for the break.
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