Tariffs stir trade war, study warns
By Zhong Nan | China Daily | Updated: 2018-07-04 07:14
Washington's economic isolation puts itself and others at risk, analysts say
The US Chamber of Commerce warned in a study released on Monday that Washington's new tariffs on imports pose a serious threat that could spark a global trade war, and global business leaders and analysts could not agree more.
"New tariffs on steel, aluminum and Chinese imports, as well as the potential for additional tariffs on autos and auto parts, have pushed us to the brink of a global trade war," the US Chamber of Commerce, the largest business group in the country, said in its study.
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