China threatens new tariff as trade war escalates

In response to the U.S., China said it's going to add a 25 percent levy to imports.
0:25 | 04/04/18

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Transcript for China threatens new tariff as trade war escalates
The trade war between the US and China is heating up this morning just moments ago China announced tariffs on fifteen billion dollars in American products. Including planes cars and soybeans. It's in response to tariffs proposed yesterday by the white house on thirteen hundred Chinese products. Those tariffs would affect goods in the air space technology machinery and medical sectors it's unclear when these tariffs would take effect.

This transcript has been automatically generated and may not be 100% accurate.

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