Posted inBeijing, China, European Union, Japan, Mexico, Northeast Asia, South Asia, South Korea, World

To win China trade war, Trump needs alliances

Immediately after the United States unveiled a 25% tariff on $16 billion worth of Chinese goods starting August 23, China retaliated, announcing a 25% tariff on $16 billion worth of US products that will go into effect the same day. The Trump administration’s tariffs announced on Wednesday were the second tranche of its $50-billion levies […]