Washington Post: “President Trump’s first tariffs are scheduled to hit $34 billion of Chinese imports on Friday, and Beijing plans to swiftly respond with levies on an equal amount of goods. Border officers here could receive the order as early as midnight to slap new taxes on hundreds of American products, including pork, poultry, soybeans and corn.”
“And so would begin an unprecedented commerce battle between the world’s two largest economies — a conflict analysts fear could rattle markets, cripple trade and undermine ties between the United States and China at a time when the administration seeks Beijing’s cooperation on North Korea.”
“As the global business community watches the clock, China is moving to pin the fallout on Trump, framing the United States as a bully the Asian nation is forced to confront.”
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