The US-China trade war has been going on for almost two years now. Both countries have imposed hundreds of billions of dollars worth of tariffs on each other, and that number has only been growing. Right now, we may be entering a new, potentially dangerous, phase of the dispute: currency warfare.

Also, we’ll take a look at real life consequences that the US-China trade war is already having, both for small businesses and for Chinese-Americans who are now experiencing unwanted scrutiny; and we’ll also explore China’s so called social credit system, and why it’s been mostly misunderstood in the West.

(An aerial view of a port in Qingdao, east China's Shandong province. Credit: STR/AFP/Getty Images)