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Second tranche of US-China tit-for-tat tariffs goes live in ten days

August 13, 2018 by Richard Schulman Leave a Comment

Lead Chinese trade negotiator Liu He

Trade correspondent L.C. reports: The US and China have announced the unleashing of the next tranche in tit-for-tat tariffs, covering $16 billion in each country’s exports, to begin on August 23rd. The US tariffs are set at 25% and are being imposed under trade law Section 301. The Chinese tariff rate will also be 25%. […]

Filed Under: Trade  Tagged: EU, Japan, Liu He, NAFTA, Turkey, US-China trade war, Wilbur Ross

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