Evolution of Trade War Strategies

The latest trade tensions between the U.S. and China mark a significant evolution in strategy compared to previous conflicts. While the first trade war involved a series of escalating tariffs, the current approach is characterized by a broader ambition to rebalance trade across multiple partners rather than just targeting China. President Trump aims to revive U.S. manufacturing while asserting pressure through tariffs that have escalated quickly. This marks a fundamental shift in the rhetoric and execution of trade policy, suggesting a more aggressive and widespread attempt to reshape global trade dynamics.