On Sunday, new tariffs against China went into effect. The US imposed 15% tariffs on a variety of Chinese goods. In retaliation, China began “imposing new duties on U.S. crude oil, the latest escalation in their trade war.”
China has now escalated its Trade War with the US by filing a complaint with the World Trade Organization (WTO).
Although China did not release specifics on the case, it’s the third case Beijing has filed against the US.
Source: Reuters
