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Aug 23, 2019 Report
China announces tariff hike on $75 billion of US products

This includes a 25 percent increase on American vehicles

China on Friday announced tariff hikes on $75 billion of U.S. products in retaliation for President Donald Trump's latest planned increase, deepening a conflict over trade and technology that threatens to tip a weakening global economy into recession. China also will increase import duties on U.S.-made autos and auto parts, the Finance Ministry announced. It gave no details of what goods would be affected but the timing matches Trump's planned duty hikes.

Associated Press
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