US-China tariff battle fuels questions about Trump’s endgame
President Trump’s escalating tariff battle with China is rattling the global economy and raising questions about how the standoff will end.
Trump this week announced a 90-day pause on his sweeping tariffs against dozens of countries, but he bumped up import taxes on China to a staggering 145 percent total. China hit back by upping its own tariffs to 125 percent on Friday, raising the stakes as the hikes roil global markets.
Trump has insisted...