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Trump: Another 5% Tariff On Chinese Goods Latest Escalation

Video Credit: Wochit News - Duration: 00:33s - Published
Trump: Another 5% Tariff On Chinese Goods Latest Escalation

Trump: Another 5% Tariff On Chinese Goods Latest Escalation

WASHINGTON/BEIJING (Reuters) - U.S. President Donald Trump on Friday lashed back at a new round of Chinese tariffs by heaping an additional 5% duty on some $550 billion in targeted Chinese goods in the latest tit-for-tat trade war escalation by the world’s two largest economies.

FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China August 6, 2019.

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