U.S. Escalates China Trade Tensions with Threat of Tariffs on $200 Billion
As China prepares to retaliate against the Trump Administration’s pending implementation of 25% tariffs on Chinese imports with similar measures against $50 billion in U.S. imports, the U.S. is now upping the ante with an announcement by the President that he has directed the US Trade Representative to identify an additional $200 billion in Chinese imports for 10% tariffs. “China apparently has no intention of changing its unfair practices related to the acquisition of American intellectual property and technology. Rather than altering those practices, it is now threatening United States companies, workers, and farmers who have done nothing wrong.” The ... Log in to view full article.
