Tag: 上海桑拿SI

  • Trumps tariffs against China take effect

    first_imgWASHINGTON (AP) — The United States hiked tariffs on Chinese imports Friday and Beijing said it would be forced to counterattack in a dispute between the world’s two biggest economies that President Donald Trump says he is prepared to escalate.Washington increased tariffs at 12:01 a.m. Eastern time on $34 billion worth of Chinese imports, a first step in what could become an accelerating series of tariffs.China’s Commerce Ministry said it would be “forced to make a necessary counterattack.” It gave no immediate details but Beijing earlier released a target list of American goods for retaliation including soybeans, electric cars and whiskey.Trump discussed the trade war Thursday with journalists who flew with him to Montana for a campaign rally. The president said U.S. tariffs on an additional $16 billion in Chinese goods are set to take effect in two weeks.After that, the hostilities could intensify: Trump said the U.S. is ready to target an additional $200 billion in Chinese imports — and then $300 billion more — if Beijing does not yield to U.S. demands and continues to retaliate.last_img read more