Trump tariffs promise chaos, but China's Xi Jinping may be the biggest threat to the global economy, former Treasury official warns

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• China's lopsided trade flows and Xi Jinping's focus on manufacturing may represent the biggest danger to the global economy, according to former Treasury official Brad Setser. But he added that President Donald Trump's tariffs are not the solution and could even make matters worse, especially if US trade policy remains unpredictable.

China's policies and the flood of exports it's unloading around the world could pose the worst threat to the global economy, even eclipsing President Donald Trump's tariffs, according to a former Treasury official.