Trade War between U.S. and China
President Trump threatens China with additional 50% tariffs in response to retaliatory tariffs. U.S. free trade with China has led to a significant trade deficit and job losses.
Key Points
- Tariff threats by President Trump
- Trade deficit with China
- Job losses in the U.S.
Pros
- Protecting American jobs
- Negotiations with other countries
Cons
- Potential increase in prices for consumers
- Impact on international trade relations