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China escalates trade war, hikes tariffs on $75 billion of American goods
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Trump asks US companies to dump China after Beijing announces new tariffs

The US dollar rose sharply against the Chinese yuan and US stock markets fell on Trump's latest salvo against China

Topics
Xi Jinping | Donald Trump

Reuters 



Donald Trump
Donald Trump speaking to reporters | Photo: Reuters

President said on Friday he was ordering US companies to look at ways to close their operations in China and make more of their products in the United States instead, sending US down sharply in a new rhetorical strike at Beijing as trade tensions mounted.

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First Published: Fri, August 23 2019. 21:05 IST

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