China Hits Back At Trump's New Tariffs
- 6 years ago
The Chinese government blasted President Donald Trump's announcement on Thursday that the US will impose new tariffs on imports from China. The country said they would introduce their own trade barriers in response.
Trump's tariffs act as a tax on imports. They will apply to goods worth about $50 billion annually and hit industries from aerospace to pharmaceuticals. Additionally, the crackdown will limit certain types of Chinese investment into the US.
Trump's tariffs act as a tax on imports. They will apply to goods worth about $50 billion annually and hit industries from aerospace to pharmaceuticals. Additionally, the crackdown will limit certain types of Chinese investment into the US.