Bloomberg: Trump Urges $100 Billion in New China Tariffs, Stoking Tensions
President Donald Trump said Thursday he is ordering the U.S. Trade Representative to consider $100 billion in additional tariffs on Chinese goods.
The stock market is already reacting to Trump’s recommendation for a whole new round of tariffs on Chinese goods. It’s unclear what products would be impacted this time around, but the move will most certainly escalate tensions between the world’s two largest economies.
