News – In – Pidgin
United States don put new tariffs ontop $200bn of Chinese goods as e don cause trade war with Beijing.
US put New Tariffs On China
wey go dey ontop 6,000 items,and na di biggest round of us tariffs.
Handbags, rice and textiles follow, but smart watches and high chairs no follow.
Di Chinese commerce ministry say dem no get choice but to retaliate but detail never dey for dia action.
Di US taxes go start from 24 September, at 10% and increase to 25% from start of next year unless di two countries agree for deal.
US President Donald Trump say, di latest tariffs na wetin dem use reply china’s “unfair trade practices”.
Trump talk say, if china do back, US go “shaperly do phase three” and Put another tariffs ontop $267bn Chinese products.
After dem open lower, shanghai stock market end di day with 1.8% higher, Tokyo dey up 1.4% and Hong Kong gain 0.6%.