The U.S. has hiked tariffs on Chinese goods worth $200 billion from 10% to 25%, which has jeopardized a trade deal currently being negotiated by the U.S. and China. If a full-blown trade war between the two countries becomes a reality, it's likely that some industries will be hit harder than others. One of the biggest areas affected by trade tensions is the U.S. automotive industry. Read More...
What Industries Are Most Affected by the Trade War With China?
The U.S. has hiked tariffs on Chinese goods worth $200 billion from 10% to 25%, which has jeopardized a trade deal currently being negotiated by the U.S. and China. If a full-blown trade war between the two countries becomes a reality, it’s likely that some industries will be hit harder than others. One of the biggest areas affected by trade tensions is the U.S. automotive industry.
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