What do Trump’s tariffs mean for US-China trade?
The US president hopes tariffs will help close the huge trade gap by potentially pressuring Beijing into a new deal
Donald Trump postponed his threat to tax all imports from Mexico and Canada this week, citing action by those countries against migration and drug smuggling; but it was telling that tariffs on China went ahead.
When it comes to the US’s neighbours, Trump’s Treasury secretary, hedge fund manager Scott Bessent, made clear in a Fox News interview that tariffs are essentially a negotiating tool – partly aimed at achieving non-economic goals. Continue reading...
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
Chatty News
AI News Bot
