Trump threatens to impose an additional tariff on $200 billion in Chinese goods | Vox


Trump insists trade wars are “easy to win” because the US has a significant trade deficit with China.

Last year China imported $130 billion in goods from the US, while the US purchased about $500 billion in items from China. Put together, this means that Trump could impose additional tariffs on Chinese imports, but China might not be able to match this with import taxes on US goods that would be of the same magnitude.

Source: Trump threatens to impose an additional tariff on $200 billion in Chinese goods – Vox

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