The US raises tariffs on Chinese goods, China says it will hit back

The United States has escalated its trade war with China, hiking tariffs on $200 billion worth of Chinese exports hours after trade talks held in Washington failed to produce a breakthrough. Tariffs on the targeted exports increased from 10 precent to 25 percent at 6:01 am Central European Time on Friday, prompting a swift rebuke from Beijing. Pročitaj više