China trade war escalated over the weekend with both sides sticking fresh tariffs on the others exports and no trade deal in sight the United States is now imposing levies on a further 112000000000. 00 of chinese exports beijing is counting with retaliatory tariffs on 75000000000. 00 in u. S. Goods smart speakers headphones sneakers those are among the chinese made products that could become more expensive in the u. S. Beijing meanwhile will hit u. S. Crude oil with a 5 percent tariff and that marks the 1st time the commodity has been targeted in this dispute and this isnt the end of the levies the u. S. Plans to raise tariffs on a different set of chinese goods totaling 250000000000 dollars to 30 percent from the current 25 percent and then in december a further 15 percent tariff on chinese cell phones laptops and clothes and that would mean the virtually all made in china products will be subject to tariffs in the u. S. We are going to get giant at that meeting is still long as you k
Isnt the end the u. S. Plans to raise existing tariffs on 250000000000. 00 in chinese exports from currently 25 to 30 percent and in december a further 15 percent on tariffs on chinese cell phones laptops and clothes that will mean that virtually every product made in china will be subject to tariffs in the u. S. Heres was u. S. President on the trump had to say about this latest escalation. We are talking to china and the meeting is still long as you think that there that they havent we havent well see what happens but we cant allow china to require self anymore because we cant go out there to take 500000000000. 00 a year out of our country we cant do that. Speaking earlier lets bring in our financial correspondent frank only bots only new tires neutral troubles how the markets reacted to this. In a surprisingly benign way here in europe the dax for example where im standing in germany is basically treading water on the Positive Side if you will going up some points the footsie in lon
International pressure and deploys his military to fight the fires. Well have the latest on what some are calling ecocide. Is it the first death caused by vaping . Well look at the case of an adult whose illness matches the recent outbreak of severe lung disease and those who use ecigarettes. And in our continuing series who we are, we go back two years to Hurricane Harvey and meet the 26yearold and the young volunteers who are rebuilding homes and restoring lives. But first we begin this morning with a look at todays eye opener, your world in 90 seconds. Seeing a lot of the leaders who are friends of mine for the most part. Wouldnt say its 100 of the case, but forthe most part. President trump arrives for the g7 sum milt. Apparently not a fan of these gettogethers. President trump is not one to back down and the leaders here are not Strong Enough to challenge him. It started out as a stand your ground trial, a jury found Michael Drejka guilty of manslaughter. This man is a vigilante.
Business im going on in berlin welcome china has once again filed a complaint with the World Trade Organization against the United States its a 3rd following a further escalation in the trade war between the worlds top 2 economy the Chinese Ministry of commerce said in a statement that washingtons latest tariff actions violated the trade truce reached by both governments in june on the sidelines of the g 20 summit in the socket. But how did that as collation look like in case are losing track heres a refresher this weekend the United States imposed levies on an additional 112000000000. 00 of chinese exports while beijing is countering with tariffs on 75000000000. 00 in u. S. Goods smart speakers headphones and shoes are among the chinese products to be made more expensive by u. S. Terrorist. Meanwhile will hit you ask who toil with a 5 percent tariff its the 1st time oil has been targeted in this dispute and this isnt the end of the u. S. Plans to raise existing tariffs on 250 10000000
An eyewitness says the suspect was cornered by members of the public. The fellow who was being accused was being punched. And then we pushed him over to the side of the wall where he was then standing and continued to just say yeah, i did it, i did it. After a deal over pay. To strike dates remain in place while members are working on the agreement. Firefighters say we need at least two more days to pump water from a reservoir to prevent the damaged from collapsing. And australia thrashed england in the first ashes test, winning by 2051 runs as they colla pse test, winning by 2051 runs as they collapse in their ending. President trump says americans must condemn racism, bigotry and White Supremacy. He was speaking after the two Mass Shootings in texas and ohio over the weekend that have left thirty one people dead. Mr trump has himself been accused by some critics of fostering a climate which encourages such attacks with his fierce anti immigrant rhetoric. But he described the killings