China Surprise
The U.S. has suddenly decided to go ahead with tariffs and sanctions against China, despite being in the middle of trade negotiations. Those talks, scheduled for this weekend, might now not go ahead. The Trump administration said Tuesday that it will hit Chinese imports with tariffs after all, and restrict Chinese access to sensitive U.S. tech. These measures were supposed to be on hold, so everyone is surprised, to say the least. Is it a negotiating ploy? ¯\_(ツ)_/¯ Wall Street Journal
The U.S. has suddenly decided to go ahead with tariffs and sanctions against China, despite being in the middle of trade negotiations. Those talks, scheduled for this weekend, might now not go ahead. The Trump administration said Tuesday that it will hit Chinese imports with tariffs after all, and restrict Chinese access to sensitive U.S. tech. These measures were supposed to be on hold, so everyone is surprised, to say the least. Is it a negotiating ploy? ¯\_(ツ)_/¯ Wall Street Journal
