‘Almost inevitable cold war’ between the US and China

Cold War
                    North Korea called itself a nuclear power on Monday, but the question now is whether U.S. President Donald Trump recognizes the rogue regime as one. That’s an important development to watch as actions taken by Trump against North Korea will likely result in a cold war between the U.S. and China. Such a turn of events between the two major powers would have global implications, pointing to how it would affect worldwide trade and investment. U.S. may try to contain North Korea by having “rings of missiles throughout the Asia Pacific region pointing at Pyongyang” or it could try to remove the hermit nation’s leader Kim Jong Un through an attack. Pyongyang’s testing of its nuclear weapons escalated tensions throughout 2017 and brewed fiery rhetoric between Trump and Kim. But other than some knee-jerk reactions, financial markets mostly shrugged off those developments.

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