💨 Abstract

Robert Lighthizer, a tariff supporter known for his role in Trump's trade war with China and NAFTA renegotiation, is reportedly set to return as U.S. Trade Representative in Trump's second term. Trump aims to intensify his trade agenda with broader 10% tariffs on goods and higher levies on Chinese imports, potentially increasing consumer prices. China's top envoy warns against trade wars.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖