Trump's Trade Wars
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.