Trump Is Risking a Recession—and His Reelection—With His Endless Trade War

President Donald Trump and U.S. Trade Representative Robert Lighthizer in the Roosevelt Room of the White House, in Washington, Aug. 2, 2019 (AP photo by Evan Vucci).
President Donald Trump and U.S. Trade Representative Robert Lighthizer in the Roosevelt Room of the White House, in Washington, Aug. 2, 2019 (AP photo by Evan Vucci).
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The truce in the U.S.-China trade war didn’t last long. Just a month after agreeing to restart negotiations on the sidelines of the G-20 summit in Osaka, Japan, President Donald Trump announced another escalation last week. Unless something happens, or Trump changes his mind—which is always a possibility—U.S. Customs and Border Protection will begin collecting an additional 10 percent tariff on the remaining $300 billion in imports from China on Sept. 1. And this time, consumers would feel the pain because the tariffs will hit clothing, shoes, electronics and other everyday items that had previously been spared. To top it […]

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