Economics

Trump Heaps More Tariffs on China, Still No Deal in Sight

China retaliates with higher tariffs rolled out in stages
Business groups are calling for a truce between the two sides

Former U.S. Ambassador to China Locke Gary Locke talks about the trade war between the two economies.(Source: Bloomberg)

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By Jenny Leonard and Mark Niquette

September 1, 2019 at 3:45 AM UTC

Updated on

September 2, 2019 at 2:44 AM UTC

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The Trump administration slapped tariffs on roughly $110 billion in Chinese imports on Sunday, marking the latest escalation in a trade war that’s inflicting damage across the world economy. China retaliated.