Donald Trump says he will impose a 25% tariff on goods coming from Mexico and Canada, plus an extra 10% on Chinese goods.

While China could offset American tariffs by letting its currency fall, that might endanger Beijing’s recent efforts to stabilize the economy.

Sticking with China, Trump tariffs could make a bad situation worse when it comes to the latter's economy. Sounds good in theory. But if anything could accelerate a Chinese move on Taiwan it would be a sense the country has even less to lose from full-blown conflict.