ECONOMY_ U.S. Economic Strength Gives Trump Leeway in Trade Fight With China

THE WALL STREET JOURNAL

ECONOMY

U.S. Economic Strength Gives Trump Leeway in Trade Fight With China

Tariffs tend to be economic downers, but so far it is tough to argue China fight is having a broad macroeconomic impact

By Bob Davis July 6, 2018 4:28 p.m. ET

WASHINGTON—The U.S. economy’s strength is emboldening the Trump administration to play hardball in its trade offensive against China.

Tariffs tend to be economic downers with an impact like sales taxes, which push up costs for consumers and businesses and slow growth. But so far it is tough to argue that the spat with China is having a broad macroeconomic impact.

Economic...

READ MORE: https://www.wsj.com/articles/u-s-economic-strength-gives-trump-leeway-in-trade-fight-with-china-1530908909

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