30 Jul. 2019
Washington, UNITED STATES
U.S. President Donald Trump on Thursday said he would impose a 10% tariff on the remaining $300 billion of Chinese imports as tensions with China spiked again, the latest salvo in a yearlong trade war between the world's two largest economies.
The levies, due to begin on Sept. 1, would hit a wide range of consumer goods and came the day after trade talks wrapped up in Shanghai, yielding little progress. Trump's statements on Thursday sent the benchmark S&P 500 lower and crude oil tumbling.