Reuters: U.S.

Thursday, August 8, 2019

News Alert: Businesses, farmers brace for new phase in Trump trade war

 
 
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Businesses, farmers brace for new phase in Trump trade war
U.S. businesses and farmers are begging President Trump for relief from his escalating trade war with China as tensions between the world’s two largest economies reach new heights.

Trump’s plan to impose a 10 percent tariff on more than $300 billion in Chinese goods, and China’s decision to suspend U.S. agricultural imports, sets the stage for potential economic and political blowback for the president.
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