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Market Insight

US-China Tariffs Escalate - CE tariffs increased from 10% to 15%

August 26, 2019  | Subscribers Only

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On August 23rd, China raised tariffs on about $75 billion in goods from the US, including agricultural and automotive products. In response, President Trump announced later the same day that he was raising the impending tariffs on about $300 billion in goods from China, broken into two waves, from 10% to 15%.

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