Sample Sidebar Module

This is a sample module published to the sidebar_top position, using the -sidebar module class suffix. There is also a sidebar_bottom position below the menu.

Sample Sidebar Module

This is a sample module published to the sidebar_bottom position, using the -sidebar module class suffix. There is also a sidebar_top position below the search.

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Trade War: USA and China

The USA carried out its threat to heap additional tariffs on Chinese imports amidst growing concern from major USA corporations, resulting in an additional 200 billion USD worth of imports from China, in two initial

phases. The tariffs were set at 10% and were scheduled to be in force September 24 to December 31. On January 1, 2019, the tariffs will be increased to 25%. This comes from US accusations that China is engaging in practices that pose a serious threat to the health and prosperity of the US economy.

The US President “... if China takes retaliatory action against our farmers or other industries, we will immediately pursue phase three: tariffs on approximately $267 billion of additional imports from that country.” The US first announced that it would impose 25% trade tariffs on specific imports from China (valued at 50 billion USD) on June 15. China retaliated with its own tariffs on $50 billion worth of goods from the US. China has now indicated that it will retaliate if President Donald Trump proceeds with his threat of more tariffs. Up to press time, China had not announced a counter strike. Meanwhile, the American Petroleum Institute (API) has publicized fears that the escalation of this trade war between both countries will negatively impact the US economy and American consumers. —

Portside Caribbean

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