As China confirmed tariffs on $3 billion of US products, responding to the Trump Administration’s imposition of duties on $60 billion of Chinese goods, I spoke with BBC Radio Foyle and London’s Monocle 24 about the possibility of a trade war and the effect on the global economy.
Bottom line: Beijing’s response is a cautious response at that point, putting the ball back in Washington’s court. Will the Administration’s protectionists expand their tariffs? Will they settle for the one-off duties? Is there even a coherent approach, given Donald Trump’s impulsiveness?