days of President Trump’s second term, China was ready to negotiate on trade. Then came Liberation Day. Now China is ready with a trade war arsenal taking aim at U.S. companies. WSJ’s Lingling Wei explains how China is gearing up for an extraordinary conflict with no immediate exits. Kate Linebaugh hosts.

Further Listening:

- Trump’s Tariffs Force a New Era in Global Trade

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1d:T43a,Over the past week, President Trump avoided a trade war with Canada and Mexico. But he escalated a trade war with China.His reasoning? China has become more powerful in domestic manufacturing than the United States, Japan, Germany, South Korea and Britain combined.Keith Bradsher, the Beijing bureau chief for The New York Times, explains why China’s dominance as a trading partner has become a threat to Trump’s agenda — and asks whether America will ever be able to catch up.Guests: Keith Bradsher, the Beijing bureau chief for The New York Times.Background reading: For China, President Trump’s moves bring pain,

China Unleashes a Trade War Arsenal