With one hand, China is closing the door to U.S. products. With the other, it’s opening the door to U.S. competitors in the rest of the world. Chinese tariffs on U.S. products have increased to an average of 42%; everyone else pays an average of 19%. Lowering tariffs on everyone but the United States allows […]
The Trump administration hopes Ottawa lawmakers will approve the deal before their summer break — and an election that could unseat PM Justin Trudeau.
Also Tuesday, China’s tightly controlled social media were filled with comments lambasting Washington following weeks of little online discussion of the dispute.
The announcement follows an increase in American tariffs on Chinese goods.
No agreement on U.S.-China trade negotiations, as U.S. doubles tariffs on Chinese imports.