Politics

China will be retaliating with new tariffs as trade war continues

China reportedly ramped up the ongoing trade war with the US on Friday, announcing it will impose new tariffs on $75 billion worth o💜f American products.

The communist c🍬ountry will also resume duties on American cars,▨

China’s State Council’s Customs Tariff Commission said the tariffs, which range from 5 percent🐭 to 10 percent on US goods, will be implemented on Sept. 1 and Dec. 15, the report said.

The retaliatory move comes as President Trump has vowed to impose 10 percent penalties on an additional $300 billion in Chine🤡se goods — a move that would cover nearly all of Chꩲina’s exports to the US — beginning Sept. 1.

But last Tuesday, he said he would꧙ hold off on adding penalti💖es on about 60 percent of those goods until Dec. 15.