Thursday, 1 August 2019

Explainer - Trump's China tariffs: Paid by U.S. importers, not by China

With U.S. President Donald Trump's announcement on Thursday of tariffs on another $300 billion of Chinese imports, nearly all goods from China will be subject to import taxes, and Trump says they generate billions of dollars in revenues for the U.S. Treasury from China.


from Reuters: Business News https://ift.tt/2Oyyj3W

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