Archives Tariff War - Page 6 of 6 - New Eastern Outlook

The radical changes in the global political arena, and in U.S.-China relations, that have become apparent since the new administration took power in the United States are, inevitably, having an impact on one of the major irritants in those relations, namely the Taiwan issue.

President Trump’s abrupt 90-day pause on newly announced tariffs—excluding China—temporarily calmed global markets, triggered a 9% surge in the S&P 500, and exposed the mounting internal and external pressures undermining his hardline trade agenda.

Each of the three leading Asian participants in the current stage of the Great World Game, namely China, India and Japan, has responded in a rather characteristic way to the “tariff war” declared by the 47th President of the USA.