It’s unlikely that tariffs can raise a meaningful amount of revenues that somehow shrink the federal deficit — that would have to come from spending cuts. Are tariffs a solution or a risky gambit? The new trade tariffs likely under “Trump 2.

President-elect Donald Trump readies for a new tariff war with China, making balanced trade books, not free trade, the leitmotif of his presidency.

Beijing might have little choice but to reconfigure its economy should it become embroiled in a broader trade conflict.

As China attempts to move towards a consumption-based economy, the Politburo is trying to eliminate economic drags before President-elect Donald Trump imposes tariffs. While the markets are pessimistic,