Peter Navarro, Trump’s trade advisor, recently stated, “We are at war with China”. He did not mean a literal shooting war, but his statement carried more meaning than that of a simple trade war. He then went on to accuse China of deliberately putting passengers infected with the coronavirus aboard flights bound for the US in the early days of the epidemic. It was an inflammatory statement. The American economy is perhaps facing shrinkage of its GDP by as much as 10% in 2020 due to its mishandling of the pandemic, while Asian economies are now almost up to full capacity, having clamped down the spread of the virus. So,why the heightened rhetoric? Continue reading “Countering the Yellow Peril, Part II: The US”