mo4ch:>Trump threatens additional $200bn in tariffs on China
Trump threatens additional $200bn in tariffs on China
Trump threatens additional $200bn in tariffs on China
19 June 2018
Image copyright
AFP
Image caption
The new threat comes after Beijing vowed to retaliate against US tariffs on $50bn worth of Chinese goods
US President Donald Trump has threatened to impose tariffs on an additional $200bn (£151bn) of Chinese goods in a growing trade row. Mr Trump said the 10% tariffs would come into effect if China "refuses to change its practices".The move would be a major escalation of the dispute, which threatens to take the US and China into a trade war. China responded by accusing the US of "blackmail" and saying it would match any further tariffs.Mr Trump insists that China has been unfairly benefitting from a trade imbalance with the US for years.
Last week, he announced the US would impose 25% tariffs on $50bn worth of Chinese goods.Beijing responded by saying it would hit 659 US products worth $50bn - includi…
Trump threatens additional $200bn in tariffs on China
19 June 2018
Image copyright
AFP
Image caption
The new threat comes after Beijing vowed to retaliate against US tariffs on $50bn worth of Chinese goods
US President Donald Trump has threatened to impose tariffs on an additional $200bn (£151bn) of Chinese goods in a growing trade row. Mr Trump said the 10% tariffs would come into effect if China "refuses to change its practices".The move would be a major escalation of the dispute, which threatens to take the US and China into a trade war. China responded by accusing the US of "blackmail" and saying it would match any further tariffs.Mr Trump insists that China has been unfairly benefitting from a trade imbalance with the US for years.
Last week, he announced the US would impose 25% tariffs on $50bn worth of Chinese goods.Beijing responded by saying it would hit 659 US products worth $50bn - includi…