Tag Archives: Trump trade rhetoric

We are not yet in a trade war, but US brinkmanship means the risk is rising.The US will hit USD34 billion (out of a total of USD500 billion) of imports from China with a 25% trade tariff, effective 6 July. The official reason is to sanction China’s intellectual property theft and to fire a warning shot against the ‘Made in China 2025’ industrial policy. This move has prompted retaliatory measures by the Chinese authorities on imports from the US of the same scale and intensity. For now, the...

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