Question
TITLE: Donald Trump Threatens New Tariffs if China Retaliates Link: https://www.wsj.com/articles/donald-trump-readies-new-tariffs-for-china-1529365844?mod=hp_lead_pos1 President Trump has asked his administration to impose tariffs on $200 billion worth of
TITLE: Donald Trump Threatens New Tariffs if China Retaliates
Link: https://www.wsj.com/articles/donald-trump-readies-new-tariffs-for-china-1529365844?mod=hp_lead_pos1
President Trump has asked his administration to impose tariffs on $200 billion worth of goods being imported from China. This comes after China said it would retaliate against the proposed tariffs on $50 billion in goods imported from China. The belief is that these retaliatory efforts by both countries will result is a full-on trade war. While the tariffs are primarily a method to encourage countries to negotiate their trade deals, it is being viewed as chaotic by some lawmakers.
What do you believe would be a consequence of a trade war with China?
Do you believe these tactics give the U.S. leverage in trade negotiations, or will potential trade partners begin to look elsewhere?
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