Why Trump’s Trade War With China Is So Risky

Jun 20, 2018, 01:08 AM

President Donald Trump's looming trade war with China ratcheted up so quickly you might have missed it. Over the weekend, Trump engaged in a back-and-forth with the country that ultimately led him to threaten tariffs on $450 billion of Chinese imports.

"We have to," Trump told reporters Friday. "We've been treated very unfairly."

For Trump, who has declared trade wars "easy to win," the escalating tariffs represent the fulfillment of a campaign promise to crack down on China and reduce the U.S.