March 27, 2018

California would be on front lines of US-China trade war

Chinese officials on Friday announced a list of U.S. imports they will target if their tariff dispute with President Trump erupts into a trade war. It’s a list that places California on the front line. China’s Ministry of Commerce singled out 128 products imported from the United States, worth about $3 billion annually, that could face higher tariffs if the two countries don’t defuse rising tensions. The tariffs would be imposed in steps, and some of California’s prime exports to China – including nuts, fruits and wine – would be among the first hit. Each would face a new 15 percent tariff.  Read more

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