The Chinese were not surprised by President Trump's threats to impose more tariffs on their goods, several experts said — they just assumed it was Trump being Trump.
But Trump tweeted that he would raise import taxes on $200 billion in Chinese products to 25 percent from 10 percent as of Friday. That's on top of a 25 percent duty on another $50 billion of Chinese imports. Beijing had imposed penalties on $110 billion of American goods.
Hurst said China is playing a long game against the U.S. while Trump wants to appear that he’s trying to make good on his promise to protect industry in the Rust Belt states he needs to win re-election. “When he makes announcements like this, it makes it difficult for the Chinese,” he said. “They can’t be seen by their own people as capitulating to Trump.”
“In the end, Trump just wants to look good,” Braun said. “The Chinese saw what happened with NAFTA when he threatened Mexico and Canada with tariffs.”
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