Trump’s Tariff Barrage Pushes China Fight to Point of No Return
- He and Xi both have political reasons to keep up the pressure
- Latest tariff list would tax over half of U.S.’s China imports
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U.S. President Donald Trump is pushing his trade conflict with China toward a point where neither side can back down.
By Aug. 30, as the U.S. nears mid-term elections vital for Trump’s legislative agenda, the White House will be ready to impose 10 percent tariffs on $200 billion of Chinese-made products, ranging from clothing to television parts to refrigerators. The levies announced Tuesday -- together with some $50 billion already in the works -- stand to raise import prices on almost half of everything the U.S. buys from the Asian nation.