Tariffs - Page 45

China Blinks in Trade War, Drops Oil from Retaliatory U.S. Tariff List

The latest broadside fired by China in its trade war with the United States was a list of $16 billion in American imports subjected to a 25 percent retaliatory tariff. One major item that was supposed to be on the list was quietly removed: oil. Analysts wonder if this conspicuous omission is a sign China is blinking in its economic staredown against the Trump administration.

A worker at the China Petroleum & Chemical Corp. (Sinopec) Yanshan refinery escorts journa

Exclusive – David P. Goldman: Tariffs Are Not Enough to Beat China; U.S. Needs to ‘Seize Technological Leadership’

Columnist and author David P. Goldman discussed the trade war with China with SiriusXM hosts Rebecca Mansour and Joel Pollak on Tuesday’s Breitbart News Tonight. Although he is a supporter of President Donald Trump and believes China presents “the most dire problem we face in the world,” he warned the administration may be underestimating China’s economic strength.

China's President Xi Jinping (L) and US President Donald Trump attend a welcome ceremony a