US tariffs take effect, China announces retaliation
https://apnews.com/e319be1a6c324445b00fccaf8a29f903
BEIJING (AP) — The United States hiked tariffs on Chinese imports Friday and Beijing announced it was retaliating against American goods in a technology dispute between the world's two biggest economies that President Donald Trump says he is prepared to escalate.
Washington imposed 25 percent tariffs on $34 billion worth of Chinese imports, a first step in what could become an accelerating series of tariffs.