More Shots Fired in US-China Trade War

This is what a trade war looks like.

On September 18, hours after US President Donald J. Trump announced his decision to impose 10 percent tariffs on $200 billion worth of Chinese imports, China struck back. Beijing retaliated immediately, announcing tariffs on an additional $60 billion in US imports.

The new Chinese tariffs will target more than 5,000 US goods, including meat, nuts, alcoholic drinks, chemicals, clothes, machinery, furniture, and auto parts—nearly everything that China imports from the United States.

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