IT IS hard to argue that the United States and China are not on the brink of a trade war. President Donald Trump is threatening to impose higher tariffs on $450bn of imports from China, with the first tranche, on $34bn of Chinese goods, due to take effect on July 6th. Mr Trump expects China to blink. But what if it doesn't? Other countries in Asia are only now starting to ask that as they realise how much is at stake.
展开▼
