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Trump’s tricky decision: Hit Chinese goods with new tariffs or hold off?
In this multifront, multiyear trade war, with shifting deadlines and political headwinds, it has paid for investors to beware the ides of March. May. August. October. And now, December. In less than two weeks, President Donald Trump must decide whether to slap tariffs on $156 billion in consumer goods made in China — including toys, phones, laptops and clothes, right before the holidays — or move the goal post yet again in lieu of the comprehensive trade deal he’s been seeking. “If enough substantive progress had been made, he might” be willing to delay, Commerce Secretary Wilbur Ross told CNBC this week. ... (full story)
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