Trump wants to start a trade war with the biggest countries in the world
|06/30/2017||Posted by BusinessMediaguide.Com under General World News||
President Donald Trump is reportedly considering a move that would likely ignite a major international trade conflict with some of the biggest economies in the world.
According to Axios’ Jonathan Swan and Mike Allen, Trump and top administration officials discussed imposing tariffs on major exporters of steel and other goods during a meeting Thursday at the White House.
The tax on imported goods could be around 20%, according to Axios, and may be expanded to goods like paper, semiconductors, aluminum, and large household appliances.
While the intent is to penalize China, a long-standing Trump goal dating back to the campaign, officials read more >>>