These Countries Are the Winners of the China-U.S. Trade War

These Countries Are the Winners of the China-U.S. Trade WarOn Friday, the contentious China-U.S. trade conflict escalated after Beijing announced it will impose new tariffs on about $75 billion worth of U.S. goods. The announcement from China's Finance Ministry said the new duties on top of existing rates will take effect on Sept. 1 and Dec. 15. The move by China comes a little more than a week after Washington announced plans to impose tariffs on $300 billion worth of Chinese goods beginning Dec. 15. The retaliating moves by China and the United States are not good for either country's economy but other nations may benefit, experts say.




from Yahoo News - Latest News & Headlines https://ift.tt/33RtC8W
via Latest News

Comments

Popular posts from this blog

Facebook's latest bug exposed the private photos of 6.8 million users - The INQUIRER

Overwatch 2 Anime Charm Is Cheaper In Real Life Than In The Game - Kotaku