Tag Archives: U.S. vs. China trade war

Will the supposed trade war between the U.S. & China escalate to the level of disrupting significantly the economies of America and China—and, indeed, the world? [No, not by a long shot, as this article clearly demonstrates.]

Trump is following through on a long-time threat that he says will punish China for intellectual property infringement and create more American jobs. Effective this Friday, the Trump administration will be imposing tariffs on up to $60bn of Chinese goods, or roughly 13% of goods imported from China and 2.75% of total US goods imported according to Danske Bank.