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China says Trump's tariffs 'launched the largest trade war in economic history,' vows to strike back

Business Insider Friday, 6 July 2018 ()
China says Trump's tariffs 'launched the largest trade war in economic history,' vows to strike back**

· *The Chinese government responded quickly to the as President Donald Trump's tariffs went into effect at midnight ET on Friday.*
· *The Chinese Ministry of Commerce called the tariffs "typical trade bullying" and said Trump "launched the largest trade war in economic history."*
· *China also promised that it would...
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Source: Cheddar Inc. - < > Embed
News video: The Trade War Begins: U.S. and China Tariffs Take Effect

▶ The Trade War Begins: U.S. and China Tariffs Take Effect 03:17

U.S. tariffs on $34 billion worth of Chinese goods went into effect early Friday, prompting China to respond in kind, escalating tensions between the two countries into what Beijing describes as "the biggest trade war in economic history." Cheddar's Kristen Scholar and Nora Ali give us the details.

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