China is ready for trade war with the US – and it’s not clear Trump knows what he’s taking on

If you think it is pensions, investments and jobs that matter most in all this, think again. Ultimately, this is about who gets to run the world. The bad news for America and the rest of the West is that this time, China seems far more prepared and up for the fight. On the one side, a chaotic US administration veering sharply from one policy to another. On the other, an authoritarian government digging in its heels. In Trump’s first term, China seemed uncertain how to respond to America’s maverick new president and his use of tariffs. Its diplomats’ rhetoric…