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China reportedly lining up countries against US in pending trade war

  • China is reportedly looking to line up other countries against the U.S. in a pending trade war, after the White House announced an unexpected move forward on trade tariffs, the Wall Street Journal reported Wednesday.
  • The countries in question are mostly in Europe and Asia, where companies could benefit from China's plans to give foreign companies more open access to its markets.
  • A day earlier, the White House said it would have a final list of $50 billion in imports that would be subject to 25 percent tariffs by June 15.
  • https://www.cnbc.com/2018/05/30/trump-administration-is-planning-to-impose-tariffs-on-eu-steel-and-aluminum-dow-jones-citing-sources.html

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