Trade War

Trade War

Newsletter 297 - March 22, 2026

Dexter Roberts
Mar 22, 2026
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Welcome to the 297th edition of Trade War.

Trump asks for delay in Beijing summit with Xi. US allies are tilting towards China, according to new survey. And majority of American public opposes Iran war, says NBC News.

Midterm pressure likely to push White House towards more conciliatory China policy. And US calls for managed trade and the creation of a US-China “Board of Trade,” are welcomed by China.

The Iran war is hollowing out American military readiness to confront China. AI adoption making China’s cutthroat labor market feel like the Squid Game. And autonomous agent OpenClaw touted by Nvidia’s Huang as world’s “next ChatGPT.”

Notable/In depth ~

  • US-China trade is “unwinding faster than ever,” says PIIE’s Chad Bown

  • AI strategy aims to bolster Beijing’s grip on power domestically

  • Weak migrant wages hint at lagging labor market, says former IMF official

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