Supply Chain Management

Trump ratchets up tariff talk as key week looms for trade

By The New York Times

Sep 17, 2018

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President Trump boasted about the power of taxing imports on Monday morning and warned that countries that do not agree to his trade demands will be “tariffed,” escalating tensions as crucial negotiations loom with China and Canada.

In a pair of tweets, Mr. Trump continued to make the case that tariffs largely harm the countries that are taxed, saying the impact on the American economy has been “almost unnoticeable.” His comments are likely to further rattle American businesses, which have pleaded with the administration to abandon the tariffs and warned they will raise prices, cost jobs and hurt the United States economy.

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