Tariff truce with U.S. doesn’t mean it’s business as usual - News Summed Up

Tariff truce with U.S. doesn’t mean it’s business as usual


But don’t think for a moment that the truce means it’s business as usual. It’s not at all clear whether the United States will have to undertake the same monitoring. Over the course of the tariff battle, the United States has granted China many exemptions. In other words, if the United States doesn’t like what it sees, the tariffs could well make a return. Steel and aluminum capacity in the United States has expanded behind the protective tariff wall.


Source: thestar May 17, 2019 21:44 UTC



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