US President Donald Trump speaks to the media on Wednesday outside the White House. Photo: EPA-EFE
US President Donald Trump says tariffs on Chinese imports may remain in place for a ‘substantial period of time’
- As the trade war between the US and China continues, Trump says tariffs will be kept in place to ensure China ‘lives by the deal’
- Trade war is now in its ninth month, with US$250 billion of Chinese goods entering the US and US$110 billion of imports from the US hit by punitive duties
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Donald Trump
US President Donald Trump speaks to the media on Wednesday outside the White House. Photo: EPA-EFE
US President Donald Trump speaks with China’s Vice-Premier Liu He after a trade negotiating session in Washington in January. Photo: EPA
US-China trade war could slash US$1 trillion from US economy in a decade warns Chamber of Commerce
- New study from the US Chamber of Commerce finds that should tariffs increase, US gross domestic product, employment, investment and trade will all decline
- Research focuses on the information communications technology sector, which is set to be among the hardest hit by a prolonged trade war
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US-China trade war
US President Donald Trump speaks with China’s Vice-Premier Liu He after a trade negotiating session in Washington in January. Photo: EPA