Trump's trade threats are based on a deep misunderstanding of the US-China economic relationship

Philippe Wojazer/Reuters President Donald Trump keeps threatening trade spats with China, then retreating. A new report from the Institute for International Finance warns of the risks of a trade war. Trump's view ignores the benefits of open trade for the world's two largest economies. President Donald Trump has a confusing relationship with China. The fiery populist ran on an anti-free-trade platform that blamed China and Mexico, in addition to "terrible deals," for America's economic and emplo...