With President-elect Donald Trump promising to inflict pain on the Chinese economy by shutting out Chinese goods from the U.S. market, Beijing is looking at ways to peel American allies away from Washington in response. Trump’s campaign pledge to impose ...

Donald Trump is preparing to implement the most extensive tariffs in a century, and some of these tariffs are intended to serve as bargaining chips in trade negotiations, writes "The Washington Post." The newspaper adds that the introduction of a universal basic tariff is unlikely.