Who Holds the Real Power in Global Markets? | Shaun Rein | World News The US-China trade war is intensifying as Trump threatens extreme tariffs, while China plays a calibrated wait-and-watch strategy.

Donald Trump's sweeping attempt to claim near-unchallenged authority over global trade has hit a wall back at home. A federal appeals court in the United States on Friday ruled that the president had exceeded his powers when he used "national emergencies ...