First, let’s take a look at the “superficial” reasons behind China’s trade war with the US. There was no mention of “superficial” when I talked about the trade war last year, but it now seems necessary to put it into context. There are three superficial reasons why the US is launching a trade war with China. First, China has a large trade surplus with the US. Second, China hasn’t honored its WTO commitments. Third, China has gained US technologies through unfair means. These are major complaints filed by the US.