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China Imposes Retaliatory Tariff Hike on $75 Billion of US Products

Newsmax Friday, 23 August 2019
China unveiled on Friday retaliatory tariffs against about $75 billion worth of U.S. goods, marking the latest escalation of a protracted trade dispute between the world's two largest economies.China's commerce ministry said in a statement it would impose additional tariffs...
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Video credit: The Street - Published
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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