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US hikes tariffs on Chinese goods, Beijing vows retaliation

US hikes tariffs on Chinese goods, Beijing vows retaliation

5 years ago
Anonymous $9jpehmcKty

https://apnews.com/e8a5195c21af44e5b783082366cc2f29

BEIJING (AP) — President Donald Trump's latest tariff hike on Chinese goods took effect Friday and Beijing said it would retaliate, escalating a battle over China's technology ambitions and other trade strains.

The Trump administration raised duties on $200 billion of Chinese imports from 10% to 25%. China's Commerce Ministry said would take "necessary countermeasures" but gave no details.

US hikes tariffs on Chinese goods, Beijing vows retaliation

May 10, 2019, 6:13am UTC
https://apnews.com/e8a5195c21af44e5b783082366cc2f29 > BEIJING (AP) — President Donald Trump's latest tariff hike on Chinese goods took effect Friday and Beijing said it would retaliate, escalating a battle over China's technology ambitions and other trade strains. > The Trump administration raised duties on $200 billion of Chinese imports from 10% to 25%. China's Commerce Ministry said would take "necessary countermeasures" but gave no details.