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Aug. 23, 2019, 5:11 p.m. EDT

Trump says U.S. tariffs will increase on Chinese goods

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By Robert Schroeder

DJIA

President Donald Trump hit back at China Friday for its new tariffs on U.S. products by increasing American levies on Chinese goods. On Twitter Trump said 25% tariffs on $250 billion in Chinese products would rise to 30% starting Oct. 1. Separately, the remaining $300 billion in imports will be tariffed at 15% instead of 10% on Sept. 1. The trade brawl with China sent stocks reeling on Friday, with the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.13% dropping more than 600 points.

Read the full story:
Trump raises China tariffs in escalation of trade war

/zigman2/quotes/210598065/realtime
US : Dow Jones Global
27,147.08
+36.28 +0.13%
Volume: 215.60M
Sept. 18, 2019 6:20p
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