Trump tariffs: China retaliates with new levies on US products
by Richard Partington from on (#3KWQT)
Trade war intensifies as Beijing targets $12bn soybean imports produced in Trump heartland
China has raised the stakes in the escalating trade showdown with the US, unveiling tariffs on a targeted list of American imports in response to levies on more than 1,300 Chinese goods put forward by Donald Trump.
Sending a message to Washington that economic threats made by the Trump White House would be matched with equal force, Beijing said it would impose additional tariffs of 25% on 106 American products from 14 categories; including soybeans, cars and chemical products.
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