Trump says US will hit back if China targets US agriculture

September 18, 2018 – Bloomberg is reporting that “President Donald Trump threatened to hit back if China targets politically potent US agricultural products for counter-tariffs, following an escalation in his trade war with Beijing.

Trump vs China

President Trump ordered his administration to levy 10 percent tariffs on about $200 billion in Chinese goods next week and to more than double the rate in January if Beijing refuses to offer trade concessions. The Chinese said they would retaliate for the latest round of duties, which come on top of a 25 percent tariff already imposed on about $50 billion in Chinese goods.

China immediately struck back today on $60 Billion of US Goods in Widening Trade War.

This includes retaliatory tariffs on $60 billion in US goods that will take effect on Sept. 24, China’s Ministry of Finance said Tuesday in a statement posted to its website. China has also filed a complaint with the World Trade Organization over the US tariffs.”

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