President Donald Trump has made a fresh move in his trade war with China, saying that an 80% tariff on Chinese products “seems right” but determining the correct level is up to Treasury Secretary Scott Bessent. Here’s how to think about it.
President Donald Trump has made a fresh move in his trade war with China, saying that an 80% tariff on Chinese products “seems right” but determining the correct level is up to Treasury Secretary Scott Bessent. Here’s how to think about it.