Global Macro Service > Research Briefings > United States

Trump’s tit-for-tat may not end well

President Trump upped the ante in the trade battle with China, suggesting further tariffs on $100 billion of imported goods from China, on top of the $50 billion announced on Tuesday. This comes as the administration deems China’s decision to retaliate in kind with tariffs on $50 billion of imports from the US as “unfair and unjustified”.

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