Trade wars are unequivocally bad; most experts agree that economic efficiency is lost and everyday consumers ultimately bear the brunt of the pain. Both the United States and China have trillions of dollars in export revenues at stake in a ...

In July 2016, in response to North Korea’s rising nuclear threat, the US and South Korea announced their decision to deploy the Terminal High Altitude Area Defense (THAAD), an antimissile battery built to intercept short- and medium-range ballistic missiles. China ...