Confusion Hits Chinese Ports As Trump’s Tariffs Go Into Effect

Confusion Hits Chinese Ports As Trump’s Tariffs Go Into Effect | HuffPost

BEIJING (Reuters) – Some major Chinese ports delayed clearing goods from the United States on Friday, four sources said, potentially disrupting imports worth billions of dollars as the world’s top two economies head toward an outright trade war.

News of the hold-ups came as Washington imposed tariffs on $34 billion of Chinese imports from 0401 GMT on Friday.

Beijing had said it would retaliate with punitive measures on U.S. products worth a similar amount, including soybeans, pork and cotton, but it had not officially confirmed on Friday that they had taken effect.

via Confusion Hits Chinese Ports As Trump’s Tariffs Go Into Effect | HuffPost

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