China-U.S. Trade War Escalates, Increasing Construction Costs


Manage episode 233656194 series 1248803
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The trade dispute with China is escalating and some U.S. businesses are cringing at the idea of higher costs for goods. President Trump raised tariffs again on $200 billion worth of Chinese imports, from the previous 10% increase to 25%. He’s getting support for his strategy but some economists are predicting that the trade war will take a toll on U.S. businesses and consumers.

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