Trump's Trade Wars

Submitted by ub on Fri, 07/06/2018 - 07:02

China’s retaliatory duties on the USA made goods are now in effect after Trump’s 25 percent tariff on selected imports to China has also started.

This $34 billion proposed measure is just the first stage in threatened Trump increases on up to $450 billion of imports from China. There are fears that a trade war is on the horizon for the global economy, as the United States continues to place tariffs on trading partners including the European Union, Mexico, and Canada.

US tariffs take effect, and China announces retaliation

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Trump launches $34 billion trade war and China 'immediately' fires back