China announces retaliatory tariffs on US products

China has announced it will raise tariffs on 75 billion dollars of US products in retaliation for President Donald Trump’s planned September 1 duty increase in a war over trade and technology policy.

The official Xinhua News Agency said on Friday the tariffs of 10% and 5% take effect on two batches of goods on September 1 and December 15 but gave no details on what imports would be affected.

Mr Trump previously announced plans to raise tariffs on an additional 300 billion...
source: Wimbledon Guardian

2019-08-23 15:53
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