China overplayed its hand assuming (wrongly) that America will blink first.
“Love is like war: easy to begin but very hard to stop”, H. L. Mencken. Trade war is no exception, yet China has it coming. Marc Thiessen: Trump didn’t start this trade war, China did.
In this trade war the U.S. have more ammunition and Huawei and ZTE may fall as the first casualties if cut off from US chain of supply.