The 'trade war' has been going on for 30 years, we just didn't care that China was doing certain things until it hit home. It was arguably beneficial to not wo

The 'trade war' has been going on for 30 years, we just didn't care that China was doing certain things until it hit home. It was arguably beneficial to not worry about China's IP issues, foreign ownership, capital controls etc. in the 1990's because a growing China was good for everyone. Now it's not, so there's a realignment. There's cynicism here, but both issues are perfectly credible: trade/technology and security. There are a ton of externalizations that enable China to provide, especially 'services' so cheaply. Those externalizations matter in trade, and probably should be capture in some form of tariff. i.e. it's not actually 'cheaper' for Sweden to buy stuff from China, if all things otherwise equal the only difference is the manufacturer in China doesn't have to pay for carbon taxes or something like that. It's just moving deck chairs around.