Tariff War with China Continues

Wednesday, May 15, 2019

 

China has decided to raise tariffs in reaction to President Trump hiking tariffs from 10% to 25% on $200 billion worth of Chinese exports.

 

Starting next month, China will raise tariffs to 25% on $60 billion worth of cotton, grains, machinery products and aircraft parts. President Trump says China has treated the US unfairly for a while and it needs to be handled.

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