By Carol Yang Luna Sun
When US President Donald Trump signed an executive order on Monday to extend a pause on “reciprocal” tariffs until August 1, it offered little comfort to China.
Instead, Beijing’s policymakers may feel increasingly cornered, as Washington also moved to target 14 countries – many of them China’s close trading partners – with tariffs of up to 40 per cent.
This came despite breakthrough talks in London that laid the groundwork to remove most bilateral export controls – from China’s rare earth…