Who will be hurt by Trump's tariffs: US businesses and consumers

The US flag flying over shipping cranes in Long Beach, California. Experts say that while the trade war is gruelling and could become worse, the US has the upper hand.
The US flag flying over shipping cranes in Long Beach, California. Experts say that while the trade war is gruelling and could become worse, the US has the upper hand.PHOTO: AFP
Published
May 10, 2019, 12:42 pm SGT
Updated
May 10, 2019, 11:13 pm
US Bureau Chief
nirmal@sph.com.sg

WASHINGTON - American exporters and manufacturers are bracing themselves for more tariffs as the trade war between the United States and China is set to deepen, with Beijing expected to retaliate against the latest tariff hike on Chinese goods, from 10 per cent last September to 25 per cent.

The hike took effect at noon on Friday (May 10) Singapore time.

Please or to continue reading the full article. Learn more about ST PREMIUM.

Enjoy unlimited access to ST's best work

  • Exclusive stories and features on multiple devices
  • In-depth analyses and opinion pieces
  • ePaper and award-winning multimedia content
Subscribe Now
Topics: 

Branded Content