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I want to get jones and this is a Business Asia welcome to the u. S. China trade war is taking its toll on global stock market shares are heading south from asia to europe this is beijing gets ready to ramp up retaliation to u. S. Measures blacklisting some quote unreliable foreign firms and hiking tariffs on a range of u. S. Goods starting on june the 1st u. S. Time so where are we up to in this conflict now so far the u. S. Has imposed tariffs on chinese goods worth 250000000000. 00 thats almost half of the goods china sold to the u. S. In 2018 now beijing retaliated by imposing tariffs on 110000000000 Dollars Worth of u. S. Goods entering china and thats almost as much as all of us exports to china in 2018 hours washington keeps up the pressure threatening to raise more tariffs on chinese Goods Beijing has responded by t ....
Central banks will step in and things get out of fan too much economically and of course we still have to somehow deal with china and also ramping up its retaliatory measures reportedly setting up a blacklist for unreliable foreign firms do we know which firms. no we don t know that yet a list has to be published shortly the commerce ministry says but it s spokesman golfing gave us some details on know what they mean by unreliable sources under unreliable enterprises namely those that do not comply with market rules deviate from a contract spirits or impose blockades or stop supplies to chinese enterprises for noncommercial purposes and seriously damage rights and interests of chinese enterprises so that s a heavy order and you can imagine that the chinese will be able to find companies of comply without. looking at all of this and despite the escalation do you see ....