800 products exported by China to US worth $34bn will be affected by increased tariff which will come into effect from 06/Jul/2018.
As per White House more tariff will be imposed on products worth $16bn later after discussion.
China retaliates saying that it will impose additional 25% tariff on US goods affecting 659 goods worth $50bn
As per Mr. Trump tariffs are essential to protect from unfair transfer of intellectual copyright & technology which will help save hundred of jobs.
Stock markets have crashed in US & Europe considering expected trade war between these 2 countries.
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