The move comes as Trump on what he sees as unfair trade practices, even as markets remain skittish about a possible trade war.
by Ali Vitali
WASHINGTON — President Donald Trump on Thursday directed his top
trade adviser to level an estimated $50 billion in new tariffs against
Chinese goods, taking his latest action against what he sees as unfair
trade practices even as markets remain skittish about a possible trade
war.
“The bottom line here,” top White House trade adviser Peter
Navarro told reporters Thursday morning, is “what the U.S. is doing is
simply strategically defending itself against this particular form of
economic aggression” from China.
Navarro called China’s attempts
to dominate technology and intellectual property fields an “anathema to a
free market global trading system.”
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Source: NBC News
Bonus Report: Pres. Donald Trump Signs a Presidential Memorandum Targeting China’s Economic Aggression
Bonus Report: Pres. Donald Trump Signs a Presidential Memorandum Targeting China’s Economic Aggression
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