Trump Trade Wars

Updates on US trade initiatives under President Donald Trump

Trump tariff threat to China as US shifts focus to new FTAs

March 26, 2018: US trade policy has become more dangerously unilateral and contradictory.

US President Trump  threatened on March 23 to impose tariffs on US$60 billion of Chinese exports to the US after a “consultation” period. This is also linked to US strategic and military competition with China. China has threatened to retaliate with its own tariffs on US goods, resulting in a trade war and economic instability. Global stock markets plunged in response to the news.

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