China Retaliates as U.S. Imposes $34 Billion in Tariffs on Chinese Goods

HeadlineJul 06, 2018
H9 china tariffs us trade war

The Trump administration imposed $34 billion in tariffs on Chinese products just after midnight this morning, prompting China to retaliate with sanctions of its own in what Beijing is calling the “largest trade war in economic history.” Trump has said the U.S. may escalate with tariffs on another $16 billion in Chinese goods in the coming weeks.

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