News
Your position:Home > News > Sino-US trade war started the .....

Sino-US trade war started the first shot

  • Author:Rita
  • Source:Sunny Worldwide
  • Release Date:2018-07-06
Today (July 6) is destined to be a day in the history of global economics and economics. According to Bloomberg News, the US trade representative confirmed that it will start to impose tariffs on China's $34 billion in goods at 00:01 on Friday (12:01 Beijing time).

China will counterattack the first time after the tariffs are imposed. This is the first shot in the world's two largest economies, which is preparing for a trade war that lasts for months or even years. This milestone marks a new destructive phase of trade conflicts that have disrupted the market and cast a shadow over global growth prospects.

Just the day before the tariff on the $34 billion Chinese goods came into effect on Friday, US President Trump said again on Thursday that the United States might eventually impose tariffs on more than $500 billion in Chinese goods.

Sino-US trade war started the first shot