China-US trade war heats up: 3 reasons it won't cool down anytime soon
- Written by Greg Wright, Assistant Professor of Economics, University of California, Merced
The truce in the U.S.-China trade war is in tatters.
China said on May 13 that it will impose new tariffs on a range of American goods in retaliation for President Donald Trump’s decision to raise duties on US$200 billion in Chinese imports.
Although trade talks may continue, for now the trade war that Trump began in January 2018 is back on,...
Read more: China-US trade war heats up: 3 reasons it won't cool down anytime soon