Trump raises tariffs on US$250 billion of Chinese imports to 30 per cent from 25 ...
(WorldNews Canada)

US President Donald Trump announced on Friday an increase in punitive tariffs on imports from China, the latest escalation on day that saw the US leader characterise Chinese President Xi Jinping as an “enemy” and call on US companies to retreat from the world’s second-largest economy.Trump’s latest escalation of the bilateral trade war raises the 25 per cent rate applied to US$250 billion worth of goods to 30 per cent, effective October 1, and also pushes the 10 per cent tariff he plans to put… ......