The trade war between the United States and China is escalating with the U.S. releasing a new list of Chinese products to be hit with tariffs.
The United States announces a list of additional tariffs on Chinese products worth $200 billion. This would be in addition to duties imposed on $34 billion in Chinese imports last week.
Beijing immediately retaliated with tariffs on the same value of U.S. goods, including soybeans and cars. China has vowed to retaliate dollar-for-dollar to any further U.S. tariffs.
To discuss:
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- Afshin Molavi is a senior fellow at the Johns Hopkins University Foreign Policy Institute.
- Michael Johns is the Co-founder of the U.S. National Tea Party movement.
- Jessica Stone, CGTN’s White House Correspondent.
- Victor Gao is the Vice President of the Center for China and Globalization.
For more:
BREAKING: Trump readies tariffs on another $200B in Chinese goodshttps://t.co/LsFcv18Yf2
— POLITICO (@politico) July 10, 2018
France says "war has already started" between U.S. and Europe over tradehttps://t.co/jKUEPYmprU pic.twitter.com/m1n0B4YGfU
— Newsweek (@Newsweek) July 8, 2018
Indian global trade expert explains why U.S. economy, consumers are set to suffer. Click for more pic.twitter.com/38703slCG3
— China Xinhua News (@XHNews) July 10, 2018
Oil prices edge up, U.S.-China trade war in focus https://t.co/TIOQr1QSQU pic.twitter.com/QbC6oCXjrL
— Reuters (@Reuters) July 9, 2018