Donald Trump has announced a fresh round of tariffs on Chinese goods, targeting £150 billion worth of products in a large escalation of the trade war between the two countries.
While announcing the latest tariffs, Trump warned China that any retaliatory action would result in “phase three” of the tariffs, which would see a further £200 billion worth of tariffs introduced.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Why Bhutan hopes tourists will put a smile back on its faceUnder The Radar The 'kingdom of happiness' is facing economic problems and unprecedented emigration
-
7 beautiful towns to visit in Switzerland during the holidaysThe Week Recommends Find bliss in these charming Swiss locales that blend the traditional with the modern
-
The Week contest: Werewolf billPuzzles and Quizzes
-
What's next for electric vehicles under Trump?Today's Big Question And what does that mean for Tesla's Elon Musk?
-
Donald Trump's bitcoin obsessionThe Explainer Former president's crypto conversion a 'classic Trumpian transactional relationship', partly driven by ego-boosting NFTs
-
Would Trump's tariff proposals lift the US economy or break it?Talking Points Economists say fees would raise prices for American families
-
Why can't China turn its economy around?Today's Big Question The post-pandemic crisis puts pressure on Communist Party leaders
-
Epoch Times CFO charged with money launderingSpeed Read Weidong "Bill" Guan stands accused of laundering $67 million
-
Is Marjorie Taylor Greene finished?Talking Points Marjorie Taylor Greene's effort to oust House Speaker Mike Johnson failed, but it still left many of her fellow Republicans furious
-
Will college Gaza protests tip the US election?Talking Points Gaza protests on U.S. campuses pose problems for Biden like the ones that hurt Lyndon B. Johnson in the '60s
-
Can Trump get a fair trial?Talking Points Donald Trump says he can't get a fair trial in heavily Democratic Manhattan as his hush money case starts
