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As the supreme court deliberates on the fate of Donald Trump’s sweeping tariffs – which he maintains are a matter of “national security” as justices appeared skeptical during oral arguments on the case last week – the president said that the US would be forced to hand “in excess of three trillion dollars” if the levies are scrapped, in a late night post on Truth Social.
He added:
It would not be possible to ever make up for that kind of a ‘drubbing.’ That would truly become an insurmountable National Security Event, and devastating to the future of our Country – Possibly non-sustainable!
Source: www.theguardian.com
Tariffs have forced Chinese companies to move their operations to Vietnam. Alexandra Stevenson, our Shanghai bureau chief, visits a factory in Ho Chi Minh City to see how one of the biggest challenges isn’t relocating machinery and tools, but overcoming language barriers.Source: rss.nytimes.comRead full article
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