a boost on the tariff rate to Twenty-five percent – requires place at the start of 2019. Such a ratcheting up could make it impossible for U.S. companies which rely on Chinese products to absorb the added costs.
not China – will bear the brunt of which tariffs and American farmers and ranchers will dsicover the harmful connection between retaliation worsen.”
Beijing also warned preceding Trump’s move it would respond swiftly. “If the U.S. imposes the other tariffs on China, we’ll have to take necessary countermeasures and resolutely safeguard our legitimate and legal and interests,” Geng Shuang, an external ministry spokesman, said throughout his daily press conference held before Trump’s announcement.