Countries seek relief from trade war as Trump threatens higher tariffs on China


Source: theglobeandmail.com theglobeandmail.com

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Open this photo in gallery: Employees work on a production line of caps that will be exported to the United States at a factory in Suqian, in eastern China's Jiangsu province on April 7.STR/Getty Images Countries around the world scrambled to contain the fallout of U.S. tariffs on Monday as Donald Trump threatened higher levies on China and leaders from Europe and Israel sought deals that would buy them relief from the U.S. President’s trade war. Mr. Trump threatened additional 50-per-cent tariffs on China, which would bring the country’s rate to 104 per cent, saying it had until noon on...