Trump to strike a 25% tariffs on up to $50 billion of Chinese goods; China says it will even the score :

The Trump paperwork will impress a 25 percent price on up to $50 billion in Chinese goods, a decisiveness that brought fast condemnation from Beijing as trade conflicts between the world's two chief economies escalate. Trump's action drew champion from one of the president's main critics, the Senate's summit Democrat, chock Schumer, who held "Trump's measures are on the money." "Ill-conceived trade events that waver the American economy, make unfriendly allies, and call revenge against American businesses, farmers and ranchers, demoralize our nation's capability to productively confront China's unfair trade policies," the council Finance team chairman said. "Imposing tariffs seats the loss of China's unfair trade practices evenly on the shoulders of American consumers, manufacturers, farmers, and ranchers," he held in a statement.

-Summrize App