Trade Tariffs

Global Economy: China Announces Retaliatory Trade Tariffs on 106 New Products

China announced new tariffs on 106 U.S. products Wednesday, in a move likely to heighten global concerns of a tit-for-tat trade war between the world’s biggest economies. The effective start date for the new charges will be revealed at a later time, though China’s Ministry of Commerce said the tariffs are designed to target up to $50 billion of U.S. products annually. Below is the full list of products that…