Even as Trump moved to open a new, potentially damaging trade war with Mexico, the conflict with China has widened beyond the original trade-based issues.
On Sunday, China’s State Council issued an 8,300-word white paper blaming the U.S. government for escalating the trade war but expressing a desire for continued talks.
The U.S. should take “full responsibility” for instigating and accelerating the trade war, said Guo Weimin, vice minister of the State Council Information Office. “China doesn’t want to fight, is not afraid of fighting, but will fight if it has no choice,” Guo said. At home Trump mostly gets cheers for going after an adversary many Americans believe is an unfair trading partner that has stolen valuable U.S. intellectual property in its rise to superpower status. The political risk for Trump from potential Democratic opponents in 2020 isn’t from hitting China too hard, but treading too softly or coming away with a weak deal.
By the time the G-20 summit starts on June 28, the U.S. trade representative will have wrapped up public hearings on a proposed new tranche of tariffs, meaning it could at any time impose taxes on the remaining $300 billion of imports from China, including many ordinary consumer goods. Earlier rounds have imposed hefty 25% duties on about $250 billion of Chinese products.
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