Bloomberg

Trump's early trade-war advantage may be slipping by the day

The Soro Enshi container ship at the Yangshan Deep Water Port in Shanghai on July 10, 2018. Foto: Bloomberg photo by Qilai Shen.

President Donald Trump may find it harder to claim victory over China the longer his trade war runs, even as he points to America's ebullient economy and stock market as evidence he's winning for now.

The president this week ordered his officials to slap tariffs on $200 billion in Chinese goods on Sept. 24. In retaliation, Beijing said it would hit $60 billion in U.S. products with duties. Yet even as the conflict escalates, the Trump administration signaled it would still be open to talks as soon as next week...

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