China to Impose Tariffs on $75 Billion of Additional U.S. Products

Posted on AllSides August 23rd, 2019
From The Center
Trade, China, tariffs

New taxes are in response to U.S. tariffs on $300 billion in Chinese goods.

China will impose tariffs on $75 billion worth of U.S. products to retaliate against U.S. moves to slap punitive tariffs on an additional $300 billion of Chinese goods.

China’s cabinet said Friday that it will impose tariffs of 5% and 10% on what amounts to roughly the remaining U.S. imports it has yet to imposes punitive taxes on. It said it will also impose tariffs on U.S. vehicles and car parts, instead of holding off on...

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https://www.wsj.com/articles/china-to-impose-tariffs-on-more-u-s-products-11566562931

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