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Trump considering to target China in new round of tariffs
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Issue
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| Contributor | RP |
| Last Edited | RP Mar 20, 2018 10:18am |
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| Category | Speculative |
| News Date | Tuesday, March 20, 2018 12:25:00 PM UTC0:0 |
| Description | President Donald Trump is considering broad tariffs on imports from China and an announcement could come as soon as Friday. Industry groups and some lawmakers are scrambling to prevent a new front in a potential trade war that could reverberate across the U.S. economy.
Early indications from the White House have officials braced for tariffs across a wide variety of consumer goods, from apparel to electronics, and even on imported parts for products made in the U.S. The size and scope remain under debate, but the U.S. Chamber of Commerce is warning that annual tariffs of as much as $60 billion on Chinese goods would be "devastating." |
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