Business Alarmed As Trump Administration Refuses Exemptions for China Tariffs

Business leaders and lawmakers are expressing alarm that the White House is apparently not allowing any exemptions to its latest round of China tariffs, which cover $200 billion worth of goods. The U.S. Trade Representative’s Office has yet to create a process for requesting exclusions to the levies, a contrast to previous rounds of tariffs.

China May Wait It Out Rather Than Deal With Trump

China is digging in for the long haul. And President Donald Trump had better start thinking about an exit strategy from a trade war that is showing no signs of easing.