US jobs, economy to be hurt by trade war

US experts have voiced deep concerns over the administration of US President Donald Trump's trade war against China, a war that they say violates WTO rules and will hurt US jobs and the nation's economy.

Trump fired the first shot on Friday by imposing punitive tariffs on $34 billion in imports from China. China quickly retaliated by levying tariffs on the same amount.

Gary Hufbauer, a nonresident senior fellow at the Peterson Institute for International Economics and deputy assistant secretary for international trade and investment policy at the US Treasury from 1977 to 1979, said "'bully' is the correct description" of what Trump has been doing to China, Canada, Mexico and other US trade partners.