U.S., China Step Up Trade War, Slap Tit-­for-Tat Tariffs
The Hindu|September 19, 2018
U.S., China Step Up Trade War, Slap Tit-­for-Tat Tariffs

New rates on both sides will go into effect on September 24

Vargheese K. George

The trade rivalry between the U.S. and China escalated to an unprecedented level on Tuesday, with both countries announcing new tariffs on imports from each other.

The U.S. has announced 10% tariff on $200 billion of imports from China, whose retaliatory tariffs between 5% and 10% will apply to $60 billion of imports from the U.S. The new tariffs on both sides will go into effect on September 24.

Rates to go up

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September 19, 2018