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Trump plans another US$100b against China's 'unfair' tariffs
— Donald J. Trump (@realDonaldTrump) April 4, 2018
But experts believe the U.S. tariff war with China will hurt American exporters more and will open the route for other countries to turn towards China for potential exportation.
U.S. markets reacted negatively on the news, with Dow futures showing an implied open down more than 400 points.
But the tariff war is only a small portion of Trump's real intentions towards China said a French professor.
The Fake News Washington Post, Amazon’s “chief lobbyist,” has another (of many) phony headlines, “Trump Defiant As China Adds Trade Penalties.” WRONG! Should read, “Trump Defiant as U.S. Adds Trade Penalties, Will End Barriers And Massive I.P. Theft.” Typically bad reporting!
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— Donald J. Trump (@realDonaldTrump) April 5, 2018