Beijing announced additional tariffs on 106 US products, including soybeans and cars, worth around $50 billion. The Chinese government is sending a clear signal to Washington by including soybean - more than half US soybean exports go to China.
In the latest round of Chinese tariffs against 106 American products, the focus is on the lucrative US exports of soybeans, planes and cars. But why has China targeted these products and which US states will suffer most?
US President Donald Trump has threatened new tariffs on Chinese imports, raising fears of an escalating trade war. Trump threatened further sanctions should China — which accuses the US of "blackmail" — retaliate.
Donald Trump ratchets up tensions with plans to impose more tariffs on China. Such punitive measures might be effective in the short term, but in the grander scheme, China has the upper hand, says DW’s Frank Sieren.
US President Donald Trump has instructed trade officials to consider another $100 billion in tariffs on Chinese goods. Beijing has said it is ready to pay "any cost" in trade war with Washington.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version