News Summary August 23, 2019
Today's Main Story: China Unveils Retaliatory Tariffs Against $75 Billion Worth of U.S. Goods
China unveiled retaliatory tariffs against $75 billion worth of U.S. goods on Friday. According to a statement from China's Finance Ministry, additional tariffs of 5% or 10% will be levied on 5,078 products. Beginning September 1, 270 items will be imposed with a 10% tariff – including seafood, fish, crab and shrimp. This will up tariffs on U.S. seafood to 35%. A second tariff list that does not include seafood is effective beginning December 15...
To Read Full Story Login Below.