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Headline Roundup May 10th, 2019

Trump Increases Tariffs on Chinese Goods

Summary from the AllSides News Team

Effective Friday morning, tariffs on $200 million in Chinese goods increased from 10 percent to 25 percent. Trump argues that the tariffs will make the US stronger. China promises to take necessary countermeasures. Dive deeper into this topic in our Story of the Week.

Featured Coverage of this Story

How strong is Trump's hand in US-China trade war?
How strong is Trump's hand in US-China trade war?

Al Jazeera

News

A week ago, it looked like the world's two biggest economies were close to resolving their ongoing trade dispute. Now, the United States is imposing a new round of punishing tariff increases on Chinese goods.

Eleventh-hour negotiations got under way on Thursday between a high-level Chinese delegation led by Vice Premier Liu He and US negotiators led by Trade Representative Robert Lighthizer.

READ MORE
Trump's trade war with China: How we got here, what happens next
The pressure to salvage a trade deal between the two sides ratcheted up on...

Open on Al Jazeera
US Tariff Hikes on Chinese Goods Kick In, Beijing Vows Retaliation
US Tariff Hikes on Chinese Goods Kick In, Beijing Vows Retaliation

Newsmax (News)

News

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.

...
Open on Newsmax (News)
Trump Doubles Down on China Threat as Trade Talks Resume
Trump Doubles Down on China Threat as Trade Talks Resume

New York Times (News)

News

President Trump renewed his trade fight with China on Friday morning, hours after raising tariffs on $200 billion worth of the country’s imports, as he tried to pressure Beijing to agree to America’s trade terms.

In a series of early morning tweets, the president said tariffs on Chinese goods will help the United States and warned China that he would continue to tax their products if they didn’t reach a deal. His comments, which come as the two countries prepare to meet again on Friday, suggest Mr. Trump is willing...

Open on New York Times (News)

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