United States  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

China to Raise Tariffs on $60 Billion of US Goods

Video Credit: Wibbitz Top Stories - Duration: 01:03s - Published < > Embed
China to Raise Tariffs on $60 Billion of US Goods

China to Raise Tariffs on $60 Billion of US Goods

China to Raise Tariffs on $60 Billion of US Goods Tariffs on more than 5,000 products will be raised in retaliation for the U.S. hike on Chinese goods.

The tariff hike, which is high as 25% on some products, will go into effect on June 1.

A 20% hike in duties heavily targets farmers who raise poultry, peanuts, wheat and sugar.

Recently, U.S. President Donald Trump raised tariffs on Chinese products from 10% to 25%.

Following the announcement from Beijing, stocks indexes plunged more than 700 points.

Recent trade talks between the U.S. and China ended without a deal.

Treasury Secretary Steve Mnuchin says negotiations between the two countries are ongoing.

0
shares
ShareTweetSavePostSend
 

Recent related news from verified sources

China wants US to remove tariffs to reach $50 billion imports of US farm goods - Bloomberg

Read more on https://www.fxstreet.com
FXstreet.com - Published

Tariff increase suspended under truce in U.S.-China trade war

WASHINGTON — The Trump administration is suspending added tariffs on $250 billion in Chinese...
SFGate - Published


You Might Like


Recent related videos from verified sources

China, U.S. Reach New Trade Deal Ahead Of Deadline [Video]China, U.S. Reach New Trade Deal Ahead Of Deadline

The United States is suspending a tariff hike on $250 billion in Chinese imports that was set to take effect Tuesday and China agreed to buy $40 billion in U.S. farm products. CBS2's Alice Gainer..

Credit: CBS 2 New York     Duration: 02:42Published

Forget About Recession Risks? Stocks Haven't and the Noise Is Getting Louder [Video]Forget About Recession Risks? Stocks Haven't and the Noise Is Getting Louder

It seems every few months global economic forecasts are revised lower. It happened again Monday, as the National Association for Business and Economics said the risk of a recession coming sooner..

Credit: The Street     Duration: 01:29Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.