China’s response dashed most hopes that the world’s two biggest economies would patch things up soon. “If the U.S. ignores the will of the Chinese people, then it probably won’t get an effective response from the Chinese side,” according to a commentary carried by state-run Xinhua News Agency and the People’s Daily, the Communist Party’s mouthpiece.
Car Trouble
By midweek, Bloomberg News was reporting that Trump was close to delaying a decision by as long as six months to impose tariffs on automobiles and some parts, a move aimed at delaying a simultaneous clash with Europe and Japan. He made the decision official on Friday, but issued a proclamation saying he agreed with his Commerce Department’s conclusion that competition from foreign carmakers and imports from the likes of Toyota and BMW pose a threat to U.S. national security.
Read More: Trump Delays EU, Japan Auto Tariffs for 180 Days for Talks
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