China, trade and White House
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China, de minimis and tariff
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The White House backed off from the steepest levies, as the costs of an all-out trade war with China threatened global economic growth.
Bullying” leads to isolation, Chinese leader Xi Jinping warned, after the Trump administration rolled back many tariffs.
A deal with China is a relief to investors who worried tariffs as high as 145% would severely limit trade, raise prices and hurt the U.S. economy.