Photo-Illustration: Intelligencer; Photo: Ken Ishii/Getty Images President Trump may have paused his tariffs against American allies last week, but he only escalated hostilities against China , raising tariffs on imports from the country to 145 percent. Given America’s dependence on Chinese goods, such restrictions will hurt conglomerates and small businesses alike. And tensions between the rival superpowers aren’t likely to die down soon. Over the weekend, Trump’s bumbling commerce secretary