April 3, 2018

Fears of a trade war between the United States and China just escalated again. 

The Trump administration on Tuesday published a list of about 1,300 Chinese exports that could be targeted for tariffs.

The United States plans to apply the tariffs to about $50 billion worth of goods to punish China for its theft of trade secrets, including software, patents and other technology. A 25% tariff would be applied to all the products, according to the US Trade Representative, a wing of the White House.

Read more:

http://money.cnn.com/2018/04/03/news/economy/us-tariffs-china/index.html