trade war

From left, Mexico's Undersecretary of Foreign Trade Juan Carlos Baker Pineda, Brunei Sultan Hassanal Bolkiah, New Zealand Prime Minister Jacinda Ardern, Canada Prime Minister Justin Trudeau, Peru Foreign Affairs Minister Nestor Popolizio, Chilean President Sebastian Pinera, Philippine President Rodrigo Duterte, Chinese President Xi Jinping, Russian Prime Minister Dmitry Medvedev and Papua New Guinea Prime Minister Peter O'Neill wave during the family photo arrival at the APEC Economic Leaders Meeting at Port Moresby, Papua New Guinea on Sunday, Nov. 18. (AP Photo/Aaron Favila)

In this Aug. 29 photo, a man works in an auto parts factory in Liaocheng in eastern China's Shandong province. The Trump administration announced Monday, Sept. 17, 2018, that it will impose tariffs on $200 billion more in Chinese goods starting next week, escalating a trade war between the world's two biggest economies and potentially raising prices on goods ranging from handbags to bicycle tires. (Chinatopix via AP)

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In this March. 29, 2018 photo, container ships is docked at the Yangshan port in Shanghai. President Donald Trump has instructed the U.S. trade representative to consider slapping an additional $100 billion in tariffs on Chinese goods in a dramatic escalation of the trade dispute between the two countries. The news comes a day after Beijing announced plans to tax $50 billion in U.S. products, including soybeans and small aircraft, in response to a U.S. move earlier this week to slap tariffs on $50 billion in Chinese imports. (AP Photo)

Chinese Finance Vice Minister Zhu Guangyao speaks during a press conference on Sino-US trade issues at the State Council Information Office in Beijing, Wednesday, April 4, 2018. China on Wednesday, April 4, 2018, vowed to take measures of the 'same strength' in response to a proposed U.S. tariff hike on $50 billion worth of Chinese goods in a spiraling dispute over technology policy that has fueled fears it might set back a global economic recovery. (AP Photo/Andy Wong)

In this Sept. 22, 2005 file photo a steel worker takes a sample at the blast furnace of ThyssenKrupp steel company in Duisburg, western Germany. Ordering combative action on foreign trade, President Donald Trump has declared that the U.S. will impose steep tariffs on steel and aluminum imports, escalating tensions with China and other trading partners and raising the prospect of higher prices for American consumers and companies. (AP Photo/Frank Austin, file)

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