Commentary
After U.S. President Donald Trump increased tariffs on $200 billion of Chinese goods to 25 percent from 10 percent, he warned Beijing on May 13 not to take retaliatory measures.“There will be nobody left in China to do business with. Very bad for China, very good for USA! But China has taken so advantage of the U.S. for so many years, that they are way ahead (Our Presidents did not do the job),” one of Trump’s May 13 trade tweets read. “Therefore, China should not retaliate-will only get worse!”