Trade War Between World’s Largest Economies Escalates

The economic war between the US and China morphs into a rapidly escalating political dispute, threatening their phase-one trade deal reached in January.
The close ties the two countries have built up since the 1970s are unravelling.
This is creating opportunities for some commercial interests on both sides, but also risks for others.
Rising costs in China, increased automation and anger at Beijing’s appropriation of intellectual property in exchange for access to its markets made companies to...