Trump warns no country ‘off the hook’ on tariffs

News Snapshot:

Washington, United States—US President Donald Trump warned Sunday that no country would be “getting off the hook” on tariffs, as his administration suggested exemptions seen as favoring China would be short-lived. The world’s two largest economies have been locked in a fast-moving, high-stakes game of brinkmanship since Trump launched a global tariff assault that particularly targeted Chinese imports. - Advertisement - Tit-for-tat exchanges have seen US levies imposed on China rise to 145 percent, and Beijing setting a retaliatory 125 percent band on US imports. The US side had appeared to dial down the pressure slightly on Friday, listing tariff...