The SteveWire

SCW NEWSWATCH VIDEO: "Trade Fight Escalates as China Hits U.S. With Higher Tariffs Washington lays out nearly $300 billion of imports that would face fresh 25% levies." - Wall Street Journal/ Chao Deng, Josh Zumbrun, Vivian Salama 5.13.19

"The U.S.-China trade dispute escalated sharply Monday, as Beijing retaliated against higher U.S. tariffs with plans to increase levies on $60 billion in U.S. imports and Washington laid out nearly $300 billion of new Chinese imports that would face 25% levies as early as this summer. The higher tariffs are expected to raise costs for both consumers and businesses and act as a brake on economic growth in both countries. Neither side appeared ready to compromise ...."

Click here for Trade Fight Escalates as China Hits U.S. With Higher Tariffs Washington lays out nearly $300 billion of imports that would face fresh 25% levies." - Wall Street Journal/ Chao Deng, Josh Zumbrun, Vivian Salama 5.13.19

 

China Map, adapted from .gov image
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