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U.S. Tariffs on Chinese Goods to Take Effect Friday After Midnight

CapitalWatch Staff 2018-11-19 14:55 PM
U.S. Tariffs on Chinese Goods to Take Effect Friday After Midnight

Tariffs on $34 billion of Chinese goods are scheduled by the U.S. President Donald Trump to take effect Friday right after midnight.

China's Ministry of Commerce said on Thursday that Beijing will strike back the moment that the duties kick in.

The ongoing trade dispute has roiled financial markets including stocks, currencies, and the global trade of commodities from soybeans to coal in recent weeks.

(Reuters)