Ramped up trade war will mainly hurt U.S. consumers
President Trump this week surprised trade officials here and in China as he vowed, in a tweet, to boost tariffs to 25 percent on hundreds of billions of dollars’ worth of Chinese imports. The move has alarmed American business groups, but is viewed by others as a negotiating tactic and still others as a welcome “get tough” approach.
For instance, Fox News host Lou Dobbs saw it as a rebuke of “globalists and elitists,” who he believes are driving the U.S. into econom
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