Detailed text transcripts for TV channel - CNN - 20180705:08:12:00
Tariff time. u.s. and china are gearing up for the next trade battle. beijing says it won't take the first shot. at midnight tonight the u.s. will hit china with $34 billion in tariffs. china vous to react. hitting the u.s. with equal value. beige something 12 time zones ahead the washington. meaning midnight there is noon in d.c. today chinese officials said they won't start a trade war so beijing has to wait 12 hours to put the tariffs into effect. the finance ministry writes we will not fire the first shot. the u.s. and china called a brief trade truce, remember in may after several rounds ...
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