Trade War: Sides Ramped and Trade Office

trade war: The slightly more optimistic comments came after both sides ramped up their trade war, with China announcing details of new tariffs against US imports on Monday, following the United States' move last week to target Chinese imports, according to Nine News Australia. The US Trade Representative's office said it planned to hold a public hearing next month on the possibility of imposing duties of up to 25 per cent on a further US300 billion worth of imports from China. To improve your experience update it here News World China and US agree to keep talking trade By AAP7 11pm May 14, and the United States have agreed to keep talking about their trade dispute, the Chinese government says, as US President Donald Trump said he thought recent discussions in Beijing would be successful. Mobile phones and laptops would be included in that list but pharmaceuticals would be excluded, the office said. My understanding is that China and the United States have agreed to continue pursuing relevant discussions. The prospect of the global economy being derailed by the United States and China sliding into a fiercer, more protracted dispute has rattled investors and led to a sharp sell-off on equities markets in the past week. (news.financializer.com). As reported in the news.