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The Week - Business, The Week: Business
Wed, 09/19/2018 - 2:35am

President Trump finally did it. On Monday, he announced new tariffs on $200 billion worth of Chinese imports — starting at 10 percent but eventually scheduled to rise to 25 percent. It's a major development, but not a terribly surprising one in the context of Trump's bottomless nationalist belligerence. What was surprising?

Topics: voices beijing november the wall street journal many chinese president u.s the washington post's greg sargent chamber commerce treasury secretary steven mnuchin white house caught democrats representatives trump chinese china america house billion tariffs percent trade elections imports worth response full goods country original major pain specific jobs escalation industries surprising companies policy midterms match clear suggest opportunities lot government base retaliation midterm dollar-for-dollar targeted officials negotiate respond problem ways war initial win

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