US-China trade war: Trump announces new retaliatory tariff hikes - BBC News

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wow, Trade war again . . .
President Donald Trump has hit back at China by announcing new higher tariffs on imports - escalating a mounting trade war between the two nations.

In a series of tweets on Friday, Mr Trump announced an additional tariff increase of 5% on imports from China.

The move came hours after the president hit out at Chinese plans to hit $75bn (£61bn) of US goods with duties.

Mr Trump described their action as "politically motivated" and has accused them of "taking advantage" of the US.

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Comments 1

There is no winner in a trade war and citizens of both nations will suffer.

24.08.2019 02:49