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Trump adds tariffs to $550 billion of Chinese imports in trade war reprisal

TechCrunch Friday, 23 August 2019
President Trump announced Friday on Twitter that tariffs on Chinese imports will increase 5 percentage points in a tit-for-tat response to China’s own plans to place new duties on U.S. goods. About $250 billion of goods produced by China and imported into the U.S. already have a 25% tariff. This newest increase will push tariffs […]
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Video credit: KCAL 9 CBS LA - Published
News video: Trump Boosting U.S. Tariffs On $550 Billion In Chinese Imports

Trump Boosting U.S. Tariffs On $550 Billion In Chinese Imports 02:48

President Donald Trump tweeted on Friday that his administration will boost tariffs on $550 billion in Chinese imports in retaliation for China's decision on Friday to hike trade levies on $75 billion in U.S. products. The move deepens a trade war that many fear could tip the U.S. and global...

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