add

 US hikes tariffs on Chinese goods, Beijing vows retaliation

BEIJING - 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 tensions.   The Trump administration raised duties on $200 billion of Chinese imports to 25% from 10%. China's Commerce Ministry said it would impose "necessary countermeasures" but gave no details.   The increase went ahead even after American and Chinese negotiators began more talks in Washington aimed at ending a dispute that has disrupted billions of dollars in trade and shaken global financial markets.   "The risk of a complete breakdown in trade talks has ...

Keep on reading:  US hikes tariffs on Chinese goods, Beijing vows retaliation

from INQUIRER.net http://bit.ly/2E1kxPB

No comments:

Post a Comment

Motorcyclist dead in Lucena collision

LUCENA CITY ---- A motorcyclist running against a one-way street died after he collided with another motorcycle in Lucena City early Friday....