US-China Trade war: Beijing strikes back at Donald Trump with tariffs on $60 billion worth of US goods
Wednesday, 19 September 2018 The tit-for-tat measures are the latest escalation in an increasingly protracted trade dispute between the world's two largest economies. On Monday, the US administration said it will begin to levy new tariffs of 10 percent on about $200 billion of Chinese products on 24 September, with the tariffs to go up to 25 percent by the end of 2018.
According to a report by Reuters, on Wednesday, US President Donald Trump said that while a trade deal with Chinese President Xi Jinping was possible this weekend, he is prepared to impose US tariffs..
Business Insider reports Trump is considering escalating his trade war with China by slapping tariffs on Vietnam. During an interview on Wednesday with Fox Business host Maria Bartiromo, Trump said, "A..
The US and China have been locked in a bruising trade war since Trump imposed heavy tariffs on imported steel and aluminium items from China in March last year,... IndiaTimes Also reported by •Reuters India •Firstpost