President Trump’s call for a further $100 billion of tariffs on China could include base metals and plastics but will need to include consumer goods such as apparel and furniture to make the target. A shortage of soybeans may make China’s tariffs less effective. The Olympics, alongside China and the EU drove a rise in the U.S. trade deficit. Also: Canada’s export economy looks shaky; Severstal loses its steel case; U.S. car sales’ growth may be fleeting; biodiesel duties won’t change much; China files a slew of WTO complaints against America; UPS raises its fuel surcharges; post-Brexi...
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