, Columnist
Welcome to Your Trade War, World
It could get even uglier, so hang on tight.
It’s on.
Photographer: ROBYN BECK/AFP/Getty Images
This article is for subscribers only.
Happy Trade War Eve, the night before the world’s least-beloved holiday, Trade War-mas, when the Trade War Elf delivers tariffs to disappointed girls and boys all over the world.
Yes, the Trump administration plans to put tariffs on $34 billion worth of Chinese goods after midnight, and China has promised to retaliate, escalating a conflict that could harm economies and companies on both sides. Among those victims are U.S. industries the tariffs are ostensibly supposed to help.