According to a report by Xinhua news, China is said to have applied tariffs to the same value of US goods at the same rate and the move was effective from 12:01 PM Friday. It is worth reporting that the new US tariffs on $34 billion worth of Chinese imports, with a levy of 25% came into effect from 0400 GMT. Meanwhile, the US President Donald Trump has threatened to impose an additional $500 billion tariffs if China opts for retaliatory measures and the latest announcement now escalates the risk of a potential full-blown trade war. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next France: Still waiting for an upturn in consumer spending – BNP Paribas FX Street 3 years According to a report by Xinhua news, China is said to have applied tariffs to the same value of US goods at the same rate and the move was effective from 12:01 PM Friday. It is worth reporting that the new US tariffs on $34 billion worth of Chinese imports, with a levy of 25% came into effect from 0400 GMT. Meanwhile, the US President Donald Trump has threatened to impose an additional $500 billion tariffs if China opts for retaliatory measures and the latest announcement now escalates the risk of a potential full-blown trade war. Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
