Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

China imposes tariffs on 128 US products, escalates trade war


The Dollar Business Bureau In retaliatory action against the duties on aluminium and steel by the US, China has imposed new tariffs of up to 25% on 128 US products ranging from frozen pork to wine and certain fruits to nuts, escalating the fears of a possible trade war between the two largest economies of the world. The imposition tariffs by Beijing are in response to the 25% on duty on steel and 10% on aluminium that have been levied by the President Donald Trump, according to a statement by the Chinese Finance Ministry on Sunday. However, Trump...


This post first appeared on TheDollarBusiness | Foreign Trade Magazine On Expo, please read the originial post: here

Share the post

China imposes tariffs on 128 US products, escalates trade war

×

Subscribe to Thedollarbusiness | Foreign Trade Magazine On Expo

Get updates delivered right to your inbox!

Thank you for your subscription

×