Worthy Christian News > World Headlines > ‘Mobster mentality’: China slams Trump’s trade moves, retaliates with 25% tax on U.S. products

‘Mobster mentality’: China slams Trump’s trade moves, retaliates with 25% tax on U.S. products

Thursday, August 9, 2018 | Tag Cloud Tags: China, Media, News, tariff, tax, Trade, Trump, War, Washington, Worthy News | Learn about our FREE SYNDICATION Service | Start your day with the Worthy Brief! | Printer Friendly

(Worthy News) – China said Wednesday it will impose a 25-percent tax on hundreds of U.S. products, the latest retaliation in a trade war that’s raising anxiety among American farmers and other businesses about their prospects for the rest of the year.

The Chinese Ministry of Commerce announced the charge on $16 billion worth of U.S. goods, including large passenger cars, motorcycles, fiber-optical cables, plastic products, coal and asphalt. The tariffs will go into effect Aug. 23.

Chinese state media accused the U.S of a “mobster mentality” in its move to implement additional tariffs, and warned that Beijing had all the necessary means to fight back. [ Source: Washington Times (Read More…) ]

Christian news. Biblical insight. Prayer alerts. Get the Worthy Brief by email.

people are currently praying.

Worthy News reports from a biblical worldview with a commitment to accuracy, transparency, and editorial independence. Learn more about About Worthy News, our Editorial Standards, AI Use Policy, Ownership of Worthy News, News Tips and Corrections, and Worthy News Staff.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Latest Worthy News

Trump Orders Major Rewrite of Childhood Vaccine Schedule, Expands Parental Choice

Trump Scores Legal Victory in $10 Billion BBC Lawsuit Over Edited Jan. 6 Speech

Fauci Texts Reveal Concern Over Pregnancy, Covid Vaccine

Senate Stopgap Carves Out Billions For Defense Amid Funding Freeze

Vietnam Jails Montagnard Protestant Pastor For 7.5 Years

Ukrainian Drone Strikes Kill At Least 13 Deep Inside Russia (Worthy News Radio)

Archaeologists Uncover Church Tied to Nicaea—Where Christianity Made a Historic Break From Its Jewish Roots

Massive 7.4 Earthquake Rocks Colombia as Powerful Quakes Again Shake the World

Trump’s ‘D.C. Safe Again’ Crackdown Marks One Year With 16,000 Arrests

Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.