Thomas Prusa, a Rutgers University–New Brunswick expert on international trade and economics, is available for commentary on China’s announcement today of retaliatory tariffs on $75 billion in American goods.
Prusa said, “This morning’s announcement by China of their intention to impose tariffs on $75 billion of U.S. goods is just the latest move in the tit-for-tat tariff game that has been played out over the last two years between the U.S. and China. This latest salvo is a clear message to President Trump and Peter Navarro that China cannot be bullied. That this tariff war seems likely to drive both countries, and perhaps all of Europe, into a recession hardly seems to matter. As if it needs to be said again, trade wars are not easy to win.”
For interviews, please contact Tom Prusa at [email protected].