- China unveils retaliatory tariffs on another $75 billion of U.S. goods
Market news
23 August 2019
China unveils retaliatory tariffs on another $75 billion of U.S. goods
- China plans to raise import tariff rate on some U.S. goods
- New tariffs will range from 5% to 10%
- New tariffs will go into effect on September 1 and December 15
- A total of 5,078 U.S. products will be affected, notably autos
- To resume 25% tariffs rate on U.S. autos from December 15
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