An earlier version of this story first appeared on Trubune Intereactive.
The long-predicted China-U.S. trade war is here.
The U.S. government under Donald Trump on Tuesday listed US$50 billion worth of Chinese exports that could be hit with 25% tariffs, ranging from electric cars to education material and medicine. China quickly retaliated with a list of similar duties on key U.S. imports including soybeans, planes, cars, beef and chemicals.
The tariffs won’t go into effect right away. The U.S. said it will hold a public hearing for businesses on May 15. The timing of the Chinese tariffs was not clear. However, more tit-for...
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