President Donald Trump’s ambitions for a reordering of world commerce are broader. The opposition — at home and abroad — is weaker. And the economic risks he seems prepared to run may be greater.

After long, fraught negotiations the two sides agreed what became known as the "phase one" trade deal -- a ceasefire in the nearly two-year-old trade war. Under that agreement, Beijing agreed to import $200 billion worth of US goods, including $32 billion in farm products and seafood.

Eurasia Group founder and president Ian Bremmer warned Monday that he believes the US is headed for a trade war with China just as Donald Trump assumes the presidency for the second time.