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Wednesday, September 19, 2018

NEWS ALERT : China Retaliates With Trade Tariffs on $60 Billion of U.S. Goods

NEWS ALERT : China Retaliates With Trade Tariffs on $60 Billion of U.S. Goods

China announced new tariffs on $60 billion of U.S. goods, following up on retaliation pledges after the Trump administration's move on Monday to impose levies on $200 billion of Chinese imports.

China said the tariffs, ranging from 5% to 10%, will take effect on Sept. 24 and pledged to increase the rates if the U.S. goes ahead with higher tariffs in January.

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