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As China unveils its response to Section 301 tariffs, Trump dismisses 'trade war' claims

April 4, 2018 at 7:57 AM
Despite reports early on Wednesday that China would quickly match U.S. Section 301 tariffs with its own on U.S. exports, President Trump insisted on Twitter that there was no “trade war” with Beijing – because “that war was lost many years ago” by prior administrations. The Wall Street Journal said China vowed to impose 25 percent tariffs on exports such as soybeans, airplanes and automobiles – matching the $50 billion worth of goods the U.S. targeted with its tariffs...

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