The ongoing US trade war against China will have deep longer term repercussions, independently of whether a trade deal is reached to end it. Had it only been a question of erratic actions by a lunatic president, the effects could have been limited. But Trump is not alone. The general mood in the US establishment is that China should be contained, or even rolled back. So the key-word is now ‘disentangling’ of the US economy from China.

The ongoing trade war that the US has unleashed against China will change the history of the 21st century, independently of whether an agreement is eventually reached between the parties or not. It signals the decision of the US to prevent China from growing into an economic superpower, using whatever means it has at hand. But this is an extremely dangerous and futile policy. China has more than four times the population of the US. As it develops, its economy will inevitably surpass the US. There is nothing the US can do to prevent that, so they will have to find out how best to live with it. Unfortunately, this is not how an important part of the US establishment sees it.

The story looks simple: The Ukrainian people, fed up with a corrupt and authoritarian government, revolts and chases the President out, reestablishing democracy. Unfortunately they have a big neighbour. Russia, governed by an authoritarian President, Vladimir Putin, who dreams of restoring the Tsarist-Soviet empire. So Ukraine is bullied, a Ukrainian Province (the Autonomous Republic of Crimea) is occupied by the Russians and now the Russians are starting to destabilize the country by all means, threatening to annex the South-Eastern part of the country. And isn't this exactly what Hitler did in 1938 when he annexed Sudetenland, part of Checoslovakia, and later on the rest of the country? As we all know, that led to the Second World War, because the rest of the World was not standing firm against Nazi-Germany at this crucial moment. The implications are straightforward.

The problem with this story telling is that it is too simplified, and the historic parallel is flawed.