Trump's $60 billion in China tariffs will create more problems than they solve
- Written by William Hauk, Associate Professor of Economics, University of South Carolina
Business such as California winemakers could be hurt by the new tariffs as a result of retaliation.AP Photo/Mark SchiefelbeinAfter spending seven months investigating whether China is engaged in unfair trade practices, the Trump administration announced March 22 that it will impose tariffs on as much as US$60 billion in Chinese imports.
The...
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