Paper tigers? US and China in dispute over tariffs but trade war looks remote - News Summed Up

Paper tigers? US and China in dispute over tariffs but trade war looks remote


Trump made a big play of slapping tariffs on Chinese imports, but experts say neither side will risk escalating the current spatPaper tigers? US and China in dispute over tariffs but trade war looks remoteWill two tribes go to war? Even as the world’s largest economies, the US and China, send conflicting signals over whether they’re heading for an all-out trade war – spooking stock markets – experts doubted either side will risk escalating a dispute over trade imbalances. But like many Trump administration proposals, the bluster is often more impressive than the follow-through. He said: “There was an open door with the EU, South Korea and Japan until the aluminum and steel tariffs action.


Source: The Guardian March 25, 2018 12:00 UTC



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