The Trader 

Market Outlook: China retaliates with tariffs

The Trader

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’’.

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