China announces retaliatory tariffs on $60 bn of US goods

Posted on:15 May 2019 15:53:03
China announces retaliatory tariffs on $60 bn of US goods
15 May 2019 Current Affairs: China raising tariffs on $60bn of US goods after the latest increase in American tariffs on its exports
The move comes after the United States escalated the bitter trade war with a tariff hike on $200bn of Chinese products.
China will impose tariffs on a total of 5,140 US products from June 1,2019
The US will get back to the right track of bilateral trade and economic consultations and meet with China halfway.
The retaliatory measures were announced about an hour after US President Donald Trump tweeted to Chinese President Xi Jinping.
The new penalty duties of 5 percent to 25 percent will affect thousands of US products including batteries, spinach and coffee.

About China
Capital: Beijing
President : Xi Jinping
Vice President: Wang Qishan
Prime Minister: Li Keqiang
 
China raising tariffs on $60bn of US goods after the latest increase in American tariffs on its exports
The move comes after the United States escalated the bitter trade war with a tariff hike on $200bn of Chinese products.
China will impose tariffs on a total of 5,140 US products from June 1,2019
The US will get back to the right track of bilateral trade and economic consultations and meet with China halfway.
The retaliatory measures were announced about an hour after US President Donald Trump tweeted to Chinese President Xi Jinping.
The new penalty duties of 5 percent to 25 percent will affect thousands of US products including batteries, spinach and coffee.

About China
Capital: Beijing
President : Xi Jinping
Vice President: Wang Qishan
Prime Minister: Li Keqiang
 

Monthly Current Affairs



Fresherslive telegram Group

Card image cap

Current Affairs Section



Daily Current Affairs Quiz


Daily Current Affairs Videos Video Link
24th May 2019 Current Affairs Video
23rd May 2019 Current Affairs Video
22nd May 2019 Current Affairs Video
21st May 2019 Current Affairs Video
20th May 2019 Current Affairs Video
Watch more Current Affairs Videos





Subscribe to Current Affairs

Enter your email to get daily current affairs
SUBSCRIBE
Download Current Affairs PDF
Weekly pdf's
60 39
at 21 off

Monthly pdf's
250 125
at 125 off

Yearly pdf's
1200 499
at 701 off

YEARLY Current Affairs PDF

  • Yearly Current Affairs 2018 PDF



  • Currentt Affairs 2019 May

    26 MAY
    NEWS
    25 MAY
    NEWS
    24 MAY
    NEWS
    23 MAY
    NEWS

    Currentt Affairs 2019 April

    30 APRIL
    NEWS
    29 APRIL
    NEWS
    28 APRIL
    NEWS
    27 APRIL
    NEWS

    Currentt Affairs 2019 March

    31 MARCH
    NEWS
    30 MARCH
    NEWS
    29 MARCH
    NEWS
    28 MARCH
    NEWS




    ×
    Download Current Affairs PDF
    Weekly PDF's
    60 39
    at 21 off

    Monthly PDF's
    250 125
    at 125 off

    Yearly PDF's
    1200 499
    at 701 off