Last week in this space the topic of imminent additional tariffs to be placed on United States-bound imports out of China, part and parcel of the seemingly interminable U.S.-China trade war was front and center. Well, those tariffs, to the tune of 25% on around $200 billion worth of Chinese goods and products, coupled with President Trump recently saying he is ready to further up the ante, with a 25% tariff on more Chinese imports were met, not unexpectedly, with retaliatory tariffs from China of $60 billion on various types of American goods.
Source: logistics Mgmt
When it comes to the U.S.-China trade war, there is no clear end in sight
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