Trump’s lack of strategic vision will ultimately help China 

With the recent news that the US and China have reached a “phase one” deal to prevent further escalation of their bilateral trade war, financial markets were cheered. However, there is very little to cheer about. 

The US agreed to withhold tariffs on another $160bn worth of Chinese exports as well as to roll back some of the tariffs introduced on 1 September. This was in exchange for China’s tentative commitmen....