China unveils retaliatory tariffs on U.S. goods in deepening trade row

By REUTERS
August 23, 2019 15:21
Breaking news

Breaking news. (photo credit: JPOST STAFF)

BEIJING - China unveiled on Friday retaliatory tariffs against about $75 billion worth of U.S. goods, marking the latest escalation of a protracted trade dispute between the world's two largest economies.

China's commerce ministry said in a statement it would impose additional tariffs of 5% or 10% on a total of 5,078 products originating from the United States that include agricultural products, crude oil, small aircraft and cars. Tariffs on some products would take effect on Sept. 1 and others on Dec. 15.


Related Content

Breaking news
September 20, 2019
Drug and medical suppliers say urgently need Brexit freight plans

By REUTERS