Events moved quickly during the day as the trade conflict between China and the United States escalated.
It began in Washington with new details from the Trump administration about a 25 percent tariff on $50 billion worth of Chinese goods. A few hours later China retaliated — announcing tariffs at the same rate on an identical amount of U.S. goods.
CGTN’s Owen Fairclough has this report.
Follow Owen Fairclough on Twitter @owefair
To discuss:
- Gordon Houlden is a political science professor and the Director of the China Institute at the University of Alberta.
- John Sitilides is a global risk analyst and a consultant to the U.S. State Department.
- Afshin Molavi is a senior fellow at the Johns Hopkins University Foreign Policy Institute
- Qinduo Xu is a senior researcher with the Pangoal Institution.
For more:
China accuses the US of launching a trade war after the White House confirms that it's imposing tariffs of 25% on $50 billion worth of Chinese goods https://t.co/y8VJE1ao8o pic.twitter.com/ySbcV9ma7B
— CNN (@CNN) June 15, 2018
China decides to impose additional tariffs on 50 bln USD of U.S. imports https://t.co/aPB8UTMdTb pic.twitter.com/s303mzj2Eb
— China Xinhua News (@XHNews) June 15, 2018