Trump may be seeking to decouple US economy from China's : Move could be tactic to get US firms in China to relocate elsewhere, say some analysts
A deepening trade war with China battered the Dow Jones Industrial Average this week and raised not just pessimism over trade, but worries over the direction of US-China relations.
The latest round of tariffs is "far too great a gamble for the US economy", the National Retail Federation said in a statement. "Taxing Americans on everyday products like clothes and shoes is not the answer for holding China accountable.
"We urge the US and China to get these critical negotiations back ...