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U.S. ramps up trade row with China, threatens new tariffs


By Eric Beech and Elias GlennWASHINGTON/BEIJING (Reuters) - The Trump administration raised the stakes in its trade dispute with China on Tuesday, saying it would slap 10 percent tariffs on an extra $200 billion worth of Chinese imports.The news sent stocks tumbling, with China's markets leading the declines, and prompted a senior Chinese commerce ministry official to warn that the United States was harming the global trade order.U.S. officials released a list of thousands of Chinese imports the administration wants to hit with the new tariffs, including hundreds of food products as well as ...

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First Published: Wed, July 11 2018. 10:03 IST