“The world’s largest economies want to come together to act on China’s growing economic threat. President Donald Trump is more interested in going it alone,” Politico reports.“Trump basically spelled out as much in a summit with Chinese leader Xi Jinping in Beijing last month, declaring the tête-à-tête ‘the G2.'”“That approach is undercutting efforts by traditional allies, led by Europe, to present a united front against China and its flood of cheap exports that are swamping Western markets.”