How China is playing 3D chess against Trump on trade

Chinese companies are buying up steel factories all over the world. Here's why that's a problem for Trump's trade war.

It's undoubtedly true that President Trump's trade policy is foolish and destructive. It's also undoubtedly true that China is one of Trump's bête noires. But these two truths do not mean China is some sort of innocent. The Chinese government is itself a potentially dangerous economic and political force on the world stage.

Unfortunately, like I said, Trump is being foolish and destructive in dealing with China. He's probably going to get played.

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Jeff Spross

Jeff Spross was the economics and business correspondent at TheWeek.com. He was previously a reporter at ThinkProgress.