In an escalation of the trade war with China, Trump introduced a whole slate of new tariffs. There are some debates over the economics of these tariffs, but here are the basics of what just happened, and what happened the last few times we imposed tariffs in this war.
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This trade war story is yet to have it’s happily ever after moment because both parties in congress do not like the USMCA trade agreement that America recently signed with Canadian and Mexican leaders. Here’s how implementation is playing out in Congress.
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The trade war has been raging for a while, but it might soon end. China has been actively offering resolutions including, most recently, a trillion dollar program focused on buying American exports in order to zero out any trade imbalance. Here are the most recent updates and what is going to happen next.
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