china trade war

Trump’s Trade War With China Is Waged to Make the Rich Richer

Trump’s Trade War With China Is Waged to Make the Rich Richer

May 23, 2019

By Dean Baker / CEPR. Donald Trump seems determined to double down and keep pressing forward on his trade war with China. He promises more and higher tariffs, apparently not realizing that U.S. consumers are the ones paying these taxes — not China’s government or corporations. While tariffs clearly impose a cost on people in…