The China Daily reported today that, following the US’s midnight imposition of a 25 per cent tax on Chinese goods imported into the USA, 545 different US goods finding their way into China will also be subject to import duties. The retaliatory move was, a ministry of commerce spokesman said, because the US had ‘’launched the largest trade war in economic history’’.
To continue reading, register today
to enjoy limited access to the following:
- Daily trading news
- Funds coverage
- Features on big investment themes
- Comprehensive companies coverage
- Economic analysis
The Trader
Market Outlook: December data dire
US Christmas shopping disaster
The Trader