US Slaps New Tariffs On China; One Minute Later China Retaliates
September 01, 2019 at 11:50 AM EDT
At 12:00 am on Sunday, the Trump administration slapped tariffs on $112 billion in Chinese imports and one minute later, at 12:01 am EDT, China retaliated with higher tariffs being rolled out in stages on a total of about $75 billion of U.S. goods.