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China comes down hard, levies additional tariffs in response to U.S. actions

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Apr 04, 2018 at 03:07 PM CST
https://www.freightwaves.com/news/economics/china-comes-down-hard-levies-additional-tariffs-on-14-billion-soybean-trade Less than a day into the unveiling, Beijing has responded with its extended list of U.S. exports that would be subject to additional tariffs - including soybean, automobiles, and chemical products. The Chinese finance ministry has mentioned that the extra tariffs would also hit products like whiskey, cigars, tobacco, lubricants, some varieties of beef, and plastic products to the tune of $50 billion annually.

Apr 04, 2018 at 03:07 PM CST