Did Starbucks’ job in China just get tougher? Our take on Trump tariff talk

News Snapshot:

Former President Donald Trump 's promise of tougher China tariffs if elected again could make doing business in the world's second-largest economy more difficult for American companies like Starbucks which are already facing tough competition from lower-cost domestic competitors. "I fully believe in them [tariffs] economically when you're being taken advantage of by other countries," the presumptive 2024 Republican presidential nominee told CNBC in an interview Monday. The campaign rhetoric aside, many China tariffs imposed by the U.S. during Trump's administration have remained under President Joe Biden , the presumptive Democratic nominee. No matter who wins the election — any...