US-China trade war escalates further with retaliatory tariff hikes


Donald Trump says the US will impose further tariffs on Chinese goods.

The US President has announced that an additional five per cent duty will be charged on around USD $550 billion worth of imports.

It's the latest development in what is an increasingly bitter trade war between the world’s two largest economies.

The announcement of fresh tariffs by the US comes after China announced plans to impose duties on USD $75 billion worth of American goods.

More from Business

Coming Up on Dubai Eye

  • The Agenda with Tom Urquhart

    10:00am - 1:00pm

    Your chance to have your say and debate the issues you love or loathe. It’s the chance to set The Agenda on the big topics of the day.

  • The Music Mix

    1:00pm - 2:00pm

    Enjoy your favourite music back to back commercial free, tune in to the Music Mix everyday from 1 until 2 for the music you love and the news updates you need

On Dubai Eye