China vows to fight back as the trade war escalates

Business Insider | 11/8/2017 | David Scutt, Business Insider Australia
maddyb7 (Posted by) Level 3
Click For Photo: https://amp.businessinsider.com/images/5b39b0de8747af1f008b45bc-1334-667.jpg

An intensifying trade war has kicked off between China and the US.

The US has announced a new list of 6,000 Chinese goods, totaling $200 billion, that may be hit with additional 10% tariffs by the end of next month.

China - Commerce - Ministry - Countermove

China's Commerce Ministry has vowed to retaliate to the countermove.

It's now safe to say that a trade war is underway between the United States and China.

Introduction - Tariffs - Others - Imports - Friday

Following the introduction of reciprocal tariffs on $34 billion of the others imports on Friday, the US, as promised, has announced a new list of 6,000 Chinese goods, totaling $200 billion, that may be hit with additional 10% tariffs by the end of next month.

China's Commerce Ministry has vowed to retaliate...
(Excerpt) Read more at: Business Insider
Wake Up To Breaking News!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!