Trump takes on China: there’s a new sheriff in town
Since his election, President-elect Donald Trump has made it clear he intends to revamp the U.S.-China relationship. His statements and choices suggest a much tougher, pro-America approach.
Trump says previous deals with China have been unfair to America.
“Look, we’re being hurt very badly by China with devaluation, with taxing us heavy at the borders when we don’t tax them,” he said during one recent interview.
Many U.S. products, like DVD players, video games and motorcycles, are taxed at a rate of at least 30 percent. So, that makes American made products more expensive for Chinese consumers.
In return, Trump has threatened to slap 45 percent tariffs on Chinese products entering the United States.
This article continues at [CBN News] A New Sheriff in Town: Change Is on the Horizon for US-China Relations