Tag Archives: trade escalation

Trump heaps another 5% tariff on Chinese goods in latest tit-for-tat escala...

08 August, 2019 6:07 am 6:07 am

WASHINGTON/BEIJING (Reuters) – US 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. Trump’s move, announced on Twitter, came hours after China unveiled … Read More