By Lisa Haven
Until now, the U.S. trade war with China has simply been a bunch of threats, but now things are about to get very real as two of the worlds largest economies are escalating a trade war.
While trade relations between the two economic powerhouses have not always been smooth, they changed dramatically Friday, when Washington imposed it’s first tariff of $34 billion in Chinese goods, initiating an immediate retaliation from China. If Trump’s threats throughout May and June are to be taken seriously, nearly a third of Chinese imports to the United States could be affected by tariffs in coming months… All that and more below…
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