Kissinger warns China, US are in 'foothills of a Cold War'

Former Secretary of State Henry Kissinger warned Thursday that the U.S. and China are moving in the direction of a Cold War amid increased disputes between the world's two largest economies and rising global tensions.

Bloomberg News reported that Kissinger made the remarks at the New Economy Forum in Beijing, where Kissinger urged both countries to agree on a "commitment" to understanding each other's differences.

“That makes it, in my view, especially important that a period of relative tension be followed by an explicit effort to understand what the political causes are and a commitment by both sides to try to overcome those,” he reportedly said. “It is far from being too late for that, because we are still in the foothills of a Cold War.”

He then reportedly pointed to ongoing trade discussions between the U.S. and China and urged them to reach an agreement to end the year-plus trade war that has weighed on their economies.

“Everybody knows that trade negotiations, which I hope will succeed and whose success I support, can only be a small beginning to a political discussion that I hope will take place,” said Kissinger, 96, who served as secretary of State from 1973-1977.

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