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Trump applying 19th-century remedies to 21st-century problems

Is it a trade dispute with China, or is it a trade war? If the latter, is it on hold, or not? The flip-flops in America’s trade relationship with China are coming in ever more frequently, as President Trump issues and rescinds threats.

-Menzie Chinn is a professor of public affairs and economics at the University of Wisconsin. His research examines the empirical and policy aspects of macroeconomic interactions between countries.