"The trade war is in the early stages so the likelihood of further tariffs is high," Oxford Economics said as it downgraded its China economic growth forecast.
The American Hospital Association has called on the Trump administration to grant exceptions to proposed tariffs on medical devices and pharmaceuticals sourced from Mexico, Canada and China.
On Thursday, Jamieson Greer, President Donald Trump’s pick for trade representative, defended the White House’s recent move to impose tariffs on three major countries: Mexico, Canada and China.