TRADE WAR! After President Trump/Tariffs on over 1000 Chinese Products, China Responds by Slapping Tariffs on 106

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Posted by moku 8 months ago in News
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China announced additional tariffs on 106 U.S. products on Wednesday, in a move likely to heighten global concerns of a tit-for-tat trade war between the world's biggest economies.

The effective start date for the new charges was not announced, though China's Ministry of Commerce said the tariffs are designed to target up to $50 billion of U.S. products annually.

The 25 percent levy on U.S. imports includes products such as soybeans, cars and whiskey, Beijing said. The full list can be found here.

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