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Damian Paletta is White House economic policy reporter for The Washington Post. Before joining The Post, he covered the White House for the Wall Street Journal.
The Turkish president responded that his country will not be bullied by threats and blackmail.
The new tariffs seek to inflict additional pain on Turkey, which is already suffering a swift economic descent as its currency stumbles.
The Chinese move, which takes effect Aug. 23, targets cars, natural gas and coal.
President calls his critics ‘fools’ as he pivots sharply from the free-trade message senior advisers had pushed recently.
Beijing said the duties are a response to a U.S. threat to raise the proposed tariff rate on $200 billion worth of Chinese goods.
The penalty would apply to a broad range of products, including refrigerators, bedsheets, clothing, furniture and toilet paper.
The plan -- which has not been finalized -- could drive up costs on a wide range of consumer goods.
The president’s top advisers are debating a plan to reduce capital gains taxes without congressional approval.
The threat raises the stakes ahead of a Sept. 30 government funding deadline, a political showdown before the November midterms that Republican leaders had hoped to avoid
Escalating trade tensions coincide with a new era of hostility between the Trump administration and some of America’s closest allies.