China Announces Tariff Hike on $75 Billion of U.S. Products

August 23rd, 2019

Via: AP:

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

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

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