Trump tariff loss is win for Chinese exporters

China called on the US to scrap tariffs after President Donald Trump imposed new levies to replace those struck down by the US Supreme Court. “China urges the United States to cancel its unilateral tariff measures on its trading partners,” the commerce ministry said in a statement on Monday. “There are no winners in a trade war and that protectionism leads nowhere.” New 15 per cent US levies are due to come in on Tuesday and run for 150 days after Trump used a different legal route to tax...

By Brian Rhoads,Raymond Ma