Trump and Manufacturing

White House also denies exemption for Volvo SUV made in China.

A handful of economists in a Bloomberg survey expect the full 25% levies to be imposed.

Investors foresee a global recession within nine months if Trump imposes 25% tariffs on an additional $300 billion of Chinese exports and Beijing retaliates.

The Institute for Supply Management's purchasing managers index declined to 52.1 from 52.8.

EU trade chiefs on Monday dismissed an idea floated by President Trump earlier this month of fixing quotas on European automotive exports to the U.S.

There’s no question that President Xi sees these attacks on Huawei as a slap in the face.

"We ask that you immediately stop this action," companies say.