China announces tariff hikes on $60 billion of US imports in retaliation for Trump’s latest trade penalties
China has announced it is raising tariffs on $60 billion in U.S. goods in retaliation for the latest penalties by the Trump administration.
China has announced it is raising tariffs on $60 billion in U.S. goods in retaliation for the latest penalties by the Trump administration.
President Donald Trump’s threat to raise tariffs on $200 billion worth of Chinese goods went into effect at 12:01 a.m. Friday.
China unveiled a slew of changes under mounting pressure from U.S. President Donald Trump over technology.
China on Monday promised retaliation if U.S. President Donald Trump escalates their tariff battle, raising the risk Beijing might target operations of American companies as it runs out of imports for penalties.
China is ready to retaliate if U.S. President Donald Trump goes ahead with a tariff hike on Chinese goods.
China faces bigger economic challenges than its trade war with the U.S.
Even before the two sides started imposing tit-for-tat tariffs, growth in the world’s No. 2 economy was already forecast to cool from 6.8 percent last year to a still-robust 6.5 percent this year.
President Donald Trump declared Tuesday that “Tariffs are the greatest!” and threatened to impose additional penalties on U.S. trading partners as he prepared for negotiations with European officials at the White House.