Starting in June, the Chinese government will raise their import taxes from 10 to 25 percent in response to the President’s latest push in a trade war against China.
Negotiations between the two trading partners have seen a series of bumps within the last few days.
But experts are questioning the effectiveness of China’s move, saying that even those 10% tariffs have led to an effective stopping of shipments.
Trump remains confident in the trade direction, touting a bright future to natural gas energy workers Tuesday.
“Under my administration, we have ended the war on American energy, and we have ended the economic assault on our wonderful energy workers, and you are under assault,” he stated at a rally.
In Evansville, representatives from Vectren say that prices are not expected to increase in the coming days. Whether that continues depends on the next moves from both governments.