Tariff Payback Time

Submitted by ub on Mon, 04/02/2018 - 09:13

Trump tariffs have a huge potential for leaving our US economy behind. As payback, China says it’s rolling out new tariffs on U.S. meat, fruit and other products as retaliation against taxes approved by POTUS on imported steel and aluminum.

This follows through on warnings Chinese officials have made for several weeks in an escalating US trade dispute. The tariffs on eight imported products, including pork, and 120 imported U.S. commodities, including fruits, mirror Trump’s 25 percent charge on imported steel and 15 percent hike on aluminum.

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