6 Jul 2018

US-China trade war begins

Washington Correspondent

While we’re busy in Britain pondering whether Theresa May’s Brexit plans will make it more difficult for the UK to negotiate a trade deal with the US, in America itself, President Trump is locked and loaded on waging a trade war with China. Today, the world’s two biggest economies slapped billions of dollars’ worth of tariffs on each other’s goods. How much collateral damage will there be?