Global tension escalates ahead of Trump's China tariffs

Tue, 03 Jul 2018

By Sophie Boot July 3 (BusinessDesk) - A former top US diplomat foresees global trade tensions escalating this week as US President Donald Trump imposes the first of many threatened tariffs on China. Kurt Campbell, who was assistant secretary of state for East Asian and Pacific affairs for President Barack Obama, spoke at Victoria University on Friday as part of a nationwide speaking tour. Campbell said he believes tensions will escalate later this week when Trump's 25 percent tariffs on US$50 billion of Chinese goods are imposed from...

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