Goodbye trade war

China seems to be winning the tariff war even as Trump threatens to impose a massive increase of tariffs on Chinese imports in response to the republic's announcement of new export controls on rare earths. — Getty Images/AFP

BEYOND multiple global uncertainties are two core fundamentals: US-China relations being the world’s most important bilateral relationship, and economics determining much of everything else.

This makes the trade war between the world’s two biggest economies pivotal to all. Multiple spheres in various regions are impacted accordingly.