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Montevideo, June 27th 2019 - 08:44 UTC

Tag: Tariff hikes

  • Friday, March 23rd 2018 - 09:13 UTC

    China announces US$ 3bn target for retaliation in trade dispute with Washington

    China's proposed tariff hikes appeared to be aimed at increasing domestic U.S. pressure on Trump by including farm areas that voted for the president in 2016

    China announced a US$ 3 billion list of U.S. goods including pork, apples and steel pipe on Friday that it said may be hit with higher tariffs in a spiraling trade dispute with President Donald Trump that companies and investors worry could depress global commerce. The Commerce Ministry urged Washington to negotiate a prompt settlement to the conflict over Trump's tariff hike on steel and aluminum but set no deadline.