Monday is “T Day” for US-China Relations

Sep 22, 2018 - Fortune

Monday is T-Day in the escalating trade war between the US and China--as in T for tariffs. That’s the day when President Trump’s threat to impose duties of up to 25% on more than $200 billion in Chinese imports to the US will morph from tough-guy negotiating ploy to blunt legal reality.

The Chinese, for their part, have vowed that if those US levies are imposed, they will immediately call Trump’s bluff by slapping equivalent duties on more than $60 billion of US imports to China. Tru...