US-China relations on a concerning path – Danske Bank

Chief Analyst, Allan von Mehren at Danske Bank, explains that following a much-celebrated visit to China by US President Donald Trump in early November, the US-China relationship has gone steeply downhill.

Key Quotes

“Several US trade actions and yesterday a very confrontational tone towards China in the US National Security Strategy have rapidly worsened the relationship.”

“The risk of a tit-for-tat trade conflict over the coming year has unfortunately increased again. Keep an eye on potential US action in areas such as intellectual property rights, aluminium and steel. This could trigger retaliation by China.”