Source: International Business Times
This year, US President Donald Trump has imposed an additional 145 percent tariff on many goods from China AFP Uncertainty over Donald Trump's tariff blitz mounted Thursday after the Fed chief warned of rising prices and "volatility" while "progress" flagged by the US president in talks with Japan lifted markets slightly. Trump is banking that his tariffs will lead to a bonanza of beneficial trade deals, lowering barriers to US products and shifting global manufacturing to the United States. But his trade negotiations -- including with Japan on Wednesday -- are proceeding against a backdrop of deepening confrontation with economic rival China and mounting concern over widespread disruption.
