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China holds more U.S. products with punitive tariffs

as Of today, does China to further U.S. imports with punitive tariffs of up to 25 percent. A solution to the trade conflict is not until further in sight. Si

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China holds more U.S. products with punitive tariffs

as Of today, does China to further U.S. imports with punitive tariffs of up to 25 percent. A solution to the trade conflict is not until further in sight.

Since midnight (local time) in China for more products from the United States increased tariff rates. Affected Goods with a value of around 60 billion dollars. Among other things, China levies punitive tariffs on sports equipment, musical instruments and wine from the United States.

Previously, the United States had increased, for its part, the customs duties on certain Chinese import products in the amount of 200 billion dollars. In addition, should apply to individual products, according to the U.S. Department of Commerce, in the future, a tariff rate of more than 1700 percent.

Beijing punitive tariffs on more U.S. imports
daily show at 09:50, 01.06.2019, Michael Storfner, ARD Beijing

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