China Announces Tariff Hike on $75 Billion of U.S. Products
August 23rd, 2019Via: 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.