- Safi Bello
Trump’s Next Tariff Barrage Ready to Roll as China Scraps Talks
Bloomberg News --------- The U.S. and China are hours away from a new round of tariffs on each other’s goods, with no improvement in relations between the two rivals in sight. In a significant escalation, $200 billion of Chinese products will be subject to increased tariffs from 12:00 p.m. Beijing time on Monday, on top of the $50 billion in goods already charged higher duties earlier in the year. The combined $250 billion in products facing levies is almost half the value of imports from China last year. To learn more click on the picture below to read the article.