U.S. prepares to slap tariffs on remaining Chinese imports, which could add levies on roughly $300 billion in additional goods
Posted on AllSides May 14th, 2019
From The Left
The United States and China traded blows on Monday in the latest escalation of their tariff war, unnerving Wall Street and threatening to draw American consumers into the fray for the first time.
Both nations, which just days earlier had anticipated sealing a comprehensive commercial deal, instead took steps to raise new trade barriers. In Beijing, the Chinese government announced plans to impose tariffs on $60 billion worth of American products in retaliation for U.S. tariffs that President Trump increased on Friday.
Trump, meanwhile, began the process of expanding U.S....
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