Trump Should Make a Deal with China Before It’s Too Late

President Donald Trump’s threat to impose tariffs of 25 percent on all Chinese goods not currently subject to surcharges means that imports from China might soon become a lot more expensive. But the potential ramifications of a prolonged U.S.-China trade war go far beyond consumer prices. Trump has said that he will make his final decision on extra tariffs after the G20 summit in Osaka, scheduled for June 28–29. What he chooses to do could affect U.S.-China relations in a profound an