U.S., China Dig In for Long Trade War as Tariffs Take Effect

Wall Street Journal, Jul 6, 2018
by Bob Davis and Lingling Wei

The U.S. and China slapped levies on $34 billion of each other’s exports, the first tangible shots in a trade battle that both sides are bracing to fight for months—if not years.

The new levies took effect after midnight Eastern Time on Friday in the U.S. In response, a commission of China’s State Council said it applied tariffs on 545 items “including agricultural products, vehicles and aquatic products,” according to state-run Xinhua News Agency.

President Xi Jinping has instructed various levels of government to get ready for a full-bore trade war, according to Chinese officials. “With his tariff threats, Trump is posing an unprecedented challenge to the leadership,” said Zhu Feng, a professor of international relations at Nanjing University, referring to President Donald Trump.

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