Commercial battles are being fought on every continent.
The Trump administration has imposed tariffs on a wide range of
goods from long-standing trade partners including China, Canada
and the EU. At the same time, it's reforming and reinforcing
the powers of its Committee on Foreign Investment in the United
States (Cfius) to oversee takeovers by foreign investors, and
getting the Department of Defense involved as well for good
China's Ministry of Commerce is also looking to strengthen