India, Nov. 2 -- It was President Donald Trump who unleashed an economic Cold War against China during his first term in office.He did conclude an agreement with China in 2020 during the last year of his administration and amidst presidential election campaign, making China promise to buy more American goods to manage the imbalance in bilateral trade, among other things.

After Trump lost the election to Joe Biden in 2020, many expected that his successor would not continue the hard policy choices on China and would rather seek to improve ties with China. But several factors, including the Ukraine War where China apparently sided with Russia, made Biden toughen the US policy towards China. The Speaker of the House of Representatives, Nanc...