Economics
U.S. to Pay Price for Tariff ‘Tricks,’ China's Global Times Says
The U.S. will pay a price if it continues to stoke a trade war, according to an editorial in the English edition of China’s Global Times, a nationalist tabloid affiliated with the People’s Daily.
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The U.S. will pay a price if it continues to stoke a trade war, according to an editorial in the English edition of China’s Global Times, a nationalist tabloid affiliated with the People’s Daily.
While U.S. President Donald Trump has "lost the sober ability to make strategic decisions", tariffs announced this week on imported solar panels and washing machines are probably "merely a practice run," the newspaper said. Trump needs to know that China will react with appropriate measures, it said.