US, China hike tariffs as trade row intensifies

BEIJING (AP) — China and the United States imposed new tariff hikes on each other’s goods Monday and Beijing accused Washington of bullying, giving no sign of compromise in an intensifying battle over technology that is weighing on global economic growth.

U.S. regulators went ahead with a planned 10 percent tax on a $200 billion list of 5,745 Chinese imports including bicycles and furniture. China’s customs agency said it responded at noon by beginning to collect taxes of 5 or 10 percent on a $60 billion list of 5,207 American goods, from honey to industrial chemicals.

https://www.wishtv.com/news/international/us-china-hike-tariffs-as-trade-row-intensifies/1470571815

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