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US-China Trade War: Holiday shopping could take a hit from new tariffs

US-China Trade War: Holiday shopping could take a hit from new tariffs Subscribe to our YouTube channel for free here:

U.S.-China trade talks resumed this week after months of stalemate, but when negotiating teams met in Shanghai on July 31, 2019, they reportedly moved no closer to striking a deal to end the conflict.

Days later, that outcome seemed to be reflected in U.S. President Donald Trump’s announcement that Washington would slap a 10 per cent tariff on $300 billion dollars worth of Chinese goods starting September 1.

The South China Morning Post talks to political economy reporter Finbarr Bermingham and China diplomacy reporter Teddy Ng for the aftermath of the announcement of the new tariff.

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