Tense U.S.-China Trade Talks To Continue As Higher Tariffs Take Effect - News Channel One

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Tense U.S.-China Trade Talks To Continue As Higher Tariffs Take Effect

5/10/2019 , , , , , , , , ,
A shopper browses digital products at a market in Beijing. Trade tensions between China and the United States have grown significantly this week, after the Trump administration accused Beijing of backing down from commitments it had made in trade negotiations.

U.S. tariffs on $200 billion worth of Chinese consumer and business products increased to 25% from 10% on Friday morning, raising the stakes between the world's two largest economies.

(Image credit: Andy Wong/AP)



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