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China Imposes Retaliatory Tariffs On U.S. Imports

Newsy Friday, 23 August 2019
China Imposes Retaliatory Tariffs On U.S. ImportsWatch VideoChina has placed retaliatory tariffs on $75 billion worth of U.S. imports.

China's Finance Ministry made the announcement Friday. The rates range from 5% to 10% and are set to go into effect in two phases, on Sept. 1 and Dec. 15. The country also issued a 25% tariff on cars and a 5% tariff on vehicle parts and...
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Credit: The Street - Published < > Embed
News video: Why Investors Shouldn't Be Surprised at China's Tariff Retaliation

Why Investors Shouldn't Be Surprised at China's Tariff Retaliation 01:21

And the trade headlines are back... China announced retaliatory tariffs on 5% to 10% on another $75 billion worth of U.S. goods, including oil, effective Sept. 1, as well as resuming 25% tariffs on U.S. autos, effective Dec. 15. "In response to the measures by the U.S., China was forced to take...

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