Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcuts
View
33.9k

President Donald Trump said he's raising tariffs further on Chinese imports in response to Beijing's retaliation earlier in the day, deepening the impasse over the two nations' trade policies, Bloomberg News reports.

Duties on the $250 billion of imports already in effect will rise to 30% from 25% on Oct. 1, Trump said in a series of tweets Friday after U.S. markets closed. He also said that the remaining $300 billion worth of goods will be taxed at 15% instead of 10% starting Sept. 1. - Bloomberg


Submissions that may interest you
SUBMISSIONDOMAIN
Trump will raise tariff rates on Chinese goods in response to trade war retaliationcnbc.com
Trump to Boost Tariffs on Chinese Imports in Retaliationbloomberg.com
Trump escalates tariffs on hundreds of billions of dollars worth of Chinese importsaxios.com
Trump Says He Will Raise Existing Tariffs on Chinese Goods to 30%nytimes.com
Trump announces new retaliatory tariffs against China, bumping up taxes by 5 percentage points.apnews.com
Trump Says He Will Increase Tariffs on Chinese Goods by 5 Percentthedailybeast.com
Trump announces more tariffs on Chinese imports.bloomberg.com
Trump Announces Higher Tariffs On Goods From China After Dow Plunges 623 Pointsnpr.org
Dow plunges more than 600 on worsening US-China trade brawlfoxbusiness.com
China announces fresh tariffs on $75 billion of U.S. productspolitico.com
US-China trade war: Trump announces new retaliatory tariff hikes WASHINGTON - President Donald Trump has hit back at China by announcing new higher tariffs on imports - escalating a mounting trade war between the two nations.bbc.com
China Puts Tariffs on US Goods in Trade War, Soybean Prices Sinkbloomberg.com
Trump's China trade war spirals as 2020 loomscnn.com
One More Lie For The Road: Trump Again Insists China Pays His Tariffsm.huffpost.com
One More Lie For The Road: Trump Again Insists China Pays His Tariffshuffpost.com
'Trump is having a tantrum': Shares tumble as US-China trade war deepenssmh.com.au
33.9k
15.1k
15.1k
164 comments
36.2k
36.2k
6.5k comments
8.7k
8.7k
626 comments
78.6k
78.6k
2.8k comments
34.3k
Subreddit icon
Stickied post
GoldSilver4
34.3k
2.7k comments
37.1k
Post image
37.1k
594 comments
18.3k
18.3k
266 comments
Reddit Premium
Reddit Premium
The best Reddit experience, with monthly Coins

Trending Communities

Subreddit icon
r/thepunisher

21.7k members

r/simpsonsdidit

56.9k members

Subreddit icon
r/PetTheDamnKitty

25.7k members

r/hiddenimages

8.0k members

r/TheMandalorianTV

4.2k members

Cookies help us deliver our Services. By using our Services or clicking I agree, you agree to our use of cookies. Learn More.