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Feature Article by Stephen Lendman
Trump to Impose $60 Billion in Tariffs on Chinese Imports?
by Stephen Lendman (stephenlendman.org – Home – Stephen Lendman)
According to unnamed administration officials, Trump will announce a $60 billion package of tariffs on a range of Chinese products he claims were developed by stealing intellectual and other product information from US companies.
Whether he follows through on what's reported remains to be seen, risking Chinese retaliation if significant tariffs are imposed on its products.
Trade wars assure losers, not winners. US-China Business Council president John Frisbie said "tariffs will do more harm than good in bringing about an improvement in intellectual property protection for American companies in China," adding:
"Business wants to see solutions to the issues, not just sanctions."
Alliance for American Manufacturing president Scott Paul disagreed, saying "imposing tariffs on Chinese products would
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