U.S. Industries Fear Worst Is Yet to Come From Trump Tariffs
(July 6): U.S. companies for months bemoaned the tariffs on Chinese imports that will take effect Friday. Now they fear the worst is yet to come in an escalating confrontation with Beijing over trade.
Duties on $34 billion of Chinese goods will take effect just after midnight in Washington, President Donald Trump told reporters aboard Air Force One on his way to a rally in Montana on Thursday. China has promised to immediately impose retaliatory duties of a similar size on American goods.
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