WASHINGTON—The Trump administration has imposed a small but groundbreaking set of tariffs, penalizing Chinese twist-ties on grounds that Beijing undervalued its currency to gain market share for the products.
While the tariffs apply only to twist-ties, the ruling by the Commerce Department Tuesday could potentially set a precedent for other companies that competed with Chinese imports to seek tariffs against their competitors’ products.
“The…
This post first appeared on wsj.com
