Donald Trump’s chaotic approach to the U.S.-China trade war took an odd turn this week, with the president claiming that trade negotiations are happening every day, with Beijing responding that they have no idea what he’s talking about.
To recap, the United States has put an import tax of 145 percent on Chinese goods coming into America. As inventories already in the country deplete and new stock arrives, Americans can expect to pay more for products or find shelves unstocked.