Trump wants to punish China on trade, but his latest tariffs strike Asian allies instead - News Summed Up

Trump wants to punish China on trade, but his latest tariffs strike Asian allies instead


Chinese officials routinely warn about the reciprocal damage of a trade war, but kept fairly quiet about the tariffs in the lead-up to Thursday. China views it as a welcome distraction, analysts say, from more biting tariffs on industries such as high-tech or semiconductors. Officials appear more anxious about the results of an American investigation into China's intellectual property practices.


Source: Los Angeles Times March 09, 2018 15:29 UTC



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