Trade war is official: U.S. starts tariffs and China responds - Entrepreneur Generations

The trade war between the U.S. and China is officially on. "The United States imposed the first duties on $34 billion in Chinese goods early Friday," The Washington Post reports. "Moments later, the Chinese side fired back," accusing the U.S. of violating World Trade Organization rules and starting “the largest trade war in economic history to date.”

China did not specify its targets, but it "has promised to slap levies on an equal amount of American goods, including heartland staples like soybeans, corn, pork and poultry — a move President Trump said would compel the U.S. to hit China with levies on up to $500 billion in products," the Post notes.

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