• Trump administration planning further trade war escalations with China

    1 month ago - By Think Progress

    The Trump administration is planning to escalate the U.S. trade war with China by targeting around $200 billion in Chinese goods, according to the Wall Street Journal. The move is expected to draw a reciprocal response from China, which will likely impose new retaliatory tariffs on U.S. exporters, especially farmers, the newspaper reported.
    The administration is expected to set the tariffs at around 10 percent, which is lower than the 25 percent tariffs that were announced in early August, sources told the Journal.
    The move is intended to give the U.S. leverage in planned high-level...
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