President Trump set to approve a new list of $50 billion worth of tariffs on Chinese goods, according to press reports.
Spain is already suffering at the hands of US tariffs, with its olive industry particularly impacted.
President Trump is set to impose fresh tariffs on $50 billion worth of Chinese imports, in a step that could further escalate the president’s burgeoning trade war with many of its closest partners.
Trump will approve the tariffs on Friday, Bloomberg reported overnight, citing two people familiar with the president’s thinking.See the rest of the story at Business Insider
NOW WATCH: THE KRISTIN LEMKAU INTERVIEW: JPMorgan Chase’s CMO explains how she deals with disruption on two fronts at once, why she’s moving some ad dollars back to TV, and why it matters what your credit card feels like
Kim Jong Un left the summit in a $1 million bulletproof Mercedes limo — take a look insideIMF: Clouds over the global economy are ‘darker by the day’Elon Musk might have a secret plan to fix Tesla’s troubling cash problems — and it could involve China
Read more: feedproxy.google.com