Caixin
Jul 11, 2018 07:32 PM

Update: U.S. Names Products Targeted by $200 Billion in New Tariffs

The Trump administration’s proposal for tariffs on an additional $200 billion in Chinese goods marks the latest shot in the escalating trade war between the U.S. and China. Photo: VCG
The Trump administration’s proposal for tariffs on an additional $200 billion in Chinese goods marks the latest shot in the escalating trade war between the U.S. and China. Photo: VCG

* Analysts say settling the Sino-U.S. trade dispute through negotiations has become an even more-distant prospect

* Proposed additional 10% tariffs on $200 billion worth of Chinese goods is expected to slow China’s annual economic growth by 0.3-0.5 percentage points

(Beijing) — The U.S. now wants to punish China for retaliating against the U.S. for taking punitive measures against China for alleged unfair trade practices.

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