China announced additional tariffs on 106 U.S. products Wednesday, in a move likely to heighten global concerns of a tit-for-tat trade war between the world’s biggest economies.
The effective start date for the new charges will be revealed at a later time, though China’s Ministry of Commerce said the tariffs are designed to target up to $50 billion of U.S. products annually.
It’s a broad list ranging from diesel vehicles, to whiskey, to propane, to orange juice, to hookah tobacco.
The opening salvos of a trade war have been exchanged. Let’s see how this develops. The lines are in motion.
One can see the entire list HERE.