Is There An Inevitable Cold War Between The U.S. And China

President Donald Trump and China's President Xi Jinping leave after an opera performance at the Forbidden City in Beijing, China, November 8, 2017. Jonathan Ernst, Reuters

CNBC: Look for an 'almost inevitable cold war' between the US and China, strategist says

* North Korean leader Kim Jong Un called his country a nuclear power, and the question now is whether the United States recognizes it as one, said David Roche, president and global strategist at Independent Strategy
* The U.S. moving to contain North Korea or take out Kim through an attack would signal China's ineffectiveness at handling the situation, Roche said
* Both those options would result in an "almost inevitable cold war" between the U.S. and China, he added

North Korea called itself a nuclear power on Monday, but the question now is whether U.S. President Donald Trump recognizes the rogue regime as one, a strategist told CNBC Tuesday.

That's an important development to watch as actions taken by Trump against North Korea will likely result in a cold war between the U.S. and China, said David Roche, president and global strategist at Independent Strategy. Such a turn of events between the two major powers would have global implications, he added, pointing to how it would affect worldwide trade and investment.

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