Trade War Kicks in; U.S. and China Levy Tariffs

U.S. tariffs on $34 billion worth of Chinese goods kicked in today (June 6), escalating a war of words between the world’s two largest economies into a full-blown trade conflict. As reported by CNBC, Washington’s 25% duties went into effect at midnight EDT and affected products such as water boilers, X-ray machine components, airplane tires and various […]