- Aggressive step in an effort to reduce $337bn US trade deficit
- Move comes at a sensitive time in US-China relations
The White House has taken aggressive new steps in its effort to reduce a $337bn trade deficit with China, announcing that it will impose a 25% tariff on $50bn of Chinese goods containing “industrially significant technology”.
Related: Ivanka Trump won China trademarks days before her father's reversal on ZTE
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