New story in Business from Time: President Trump Wants to Hit Chinese Goods With $100 Billion in New Tariffs
(WASHINGTON) — President Donald Trump instructed the U.S. trade representative to consider slapping an additional $100 billion in tariffs on Chinese goods on Thursday in a dramatic escalation of the trade dispute between the two countries. Trump’s surprise move came a day after Beijing announced plans to tax $50 billion in American products, including soybeans …