US imposes tariffs; China retaliates

U.S. President Donald Trump takes part in a welcoming ceremony with China's President Xi Jinping at the Great Hall of the People in Beijing, China, November 9, 2017. REUTERS/Damir Sagolj - RC1CB94FD460

In the wake of the Trump administration’s imposition of import tariffs on China, Senior Fellow David Dollar explains the administration’s objectives and the likely economic impacts on both the U.S. and China.

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