Winners and losers in Trump’s pause on China tariffs

The curtain came down on the first phase of President Trump’s tariff and trade war earlier this week, when the U.S. announced a huge reduction in levies with China.Washington and Beijing agreed to take 115 percentage points off the tariffs they had imposed upon each other’s exports at the apex of the brief trade war. The change leaves American tariffs on China at 30 percent and Chinese tariffs on the U.S. at 10 percent.It is possible that the tariffs could climb again after a 90-day