The Finance 202: Trump's tariffs on Chinese imports are about to get personal - News Summed Up

The Finance 202: Trump's tariffs on Chinese imports are about to get personal


THE TICKERFor millions of American consumers, the Trump administration's trade war with China is about to get personal. Only 1 percent of the Trump administration's initial round of tariffs on $50 billion of Chinese imports fell on consumer goods. That number will climb to $270 if Trump imposes tariffs on all Chinese imports. But Chinese trade experts dismiss that idea as impractical and not the government’s position." Trump’s tariffs will make recovery from Hurricane Florence more expensive President Trump’s tariffs have already raised the costs of construction materials that Hurricane Florence’s victims will need to rebuild.


Source: Washington Post September 18, 2018 12:22 UTC



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