China Retaliates After US Warning By Hiking Tariffs

Headline Roundup May 13th, 2019

China retaliates in a trade war with the US by raising tariffs on a range of US goods.

China Retaliates After US Warning By Hiking Tariffs

From the Left
Trade, China, tariffs

China’s finance ministry announced on Monday evening that it was raising tariffs on a wide range of American goods to 20 percent or 25 percent from 10 percent, in the first Chinese move to retaliate over President Trump’s broader increase in tariffs on Chinese goods last Friday.

But the finance ministry delayed the implementation of its tariff increase until June 1, a delay of nearly three weeks that allows time for negotiators to make one last push for a deal. The delay roughly matches one that the Trump administration in...

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From the Center

China said on Monday it would impose higher tariffs on a range of U.S. goods, striking back in its trade war with Washington shortly after U.S. President Donald Trump warned it not to retaliate.

China’s finance ministry said it plans to set import tariffs ranging from 5 percent to 25 percent on 5,140 U.S. products on a target list worth about $60 billion. It said the tariffs will take effect on June 1.

The announcement came less than two hours after Trump warned Beijing not to retaliate after China said...

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From the Right
Trade, China, tariffs

China said on Monday it would impose higher tariffs on a range of U.S. goods, striking back in its trade war with Washington shortly after U.S. President Donald Trump warned it not to retaliate.

China’s finance ministry said it plans to set import tariffs ranging from 5 percent to 25 percent on 5,140 U.S. products on a target list worth about $60 billion. It said the tariffs will take effect on June 1.

The announcement came less than two hours after Trump warned Beijing not to retaliate after China said...

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