The move was in response to retaliatory tariffs imposed by China.
Trump said he would raise tariffs on goods currently being taxed from 25% to 30%. : The trade war between the U.S. and China escalated on Friday after President Donald Trump said he would raise tariffs on goods already subjected to the taxes from 25% to 30%.
Additionally, he said he would increase a new round of tariffs set to take effect on Sept. 1 from 10% to 15%.tariffs on $75 billion of American goods and cars.sharply Friday as investors contended with recession fears and Trump's remarks that American companies find an alternative to China.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Trump retaliates against China, says the US will hike tariffs on importsThe trade war between the US and China entered a new phase Friday, raising further risks for Trump a week after a recession warning flashed
Baca lebih lajut »
Trump Says He’ll Raise Existing Tariffs To 30%, Escalating Trade War With ChinaThe move was in response to retaliatory tariffs imposed by China.
Baca lebih lajut »
Escalation in U.S.-China trade war threatens global economy, poses Trump reelection riskAmerican cars, soybeans and oil largely produced in key swing states have been targeted for additional import tariffs by China, marking the latest volley in a widening trade war with the United States that has damaged the global economy.
Baca lebih lajut »
U.S. official says China far short of soybean purchase pledge after small saleChina has purchased about only half the U.S. soybeans it pledged to buy earlier ...
Baca lebih lajut »
Vietnam says 'deeply concerned' about developments in South China SeaVietnam is 'deeply concerned' about recent developments in the South C...
Baca lebih lajut »