Donald Trump is defining his presidency—and his nation is defining its future—as he struggles to meet China's all-out assault on the American economy.
Americans like to say that “no nation ever wins a trade war,” but that's not what the Chinese think. There are winners in trade wars, which is why China has been waging one for two generations.
Beijing, in its quest to strengthen its state-led system, has engaged in predatory tactics for four decades, since the beginning of the “reform era” in December 1978. Beijing's attack on the American economy over this period has been methodical and insidious, especially in recent years under rulers Hu Jintao and Xi Jinping.
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