By Huang Ge
The new round of US tariffs of
15 percent on Chinese goods,
which kicked in over the week-
end, will likely spur inflation
on the American market, and
amounted to a political gamble
by Washington to the detriment
of its own economy and taxpay-
ers, Chinese experts said.
At 12:01 am (US time) on
Sunday the Trump administra-
tion started imposing a 15 per-
cent tax on an estimated $
billion of Chinese products
including clothing, footwear,
sunglasses, cameras, television
components, turkeys and beef
cuts.
The Chinese experts said the
US action was hurting itself,and if the country continued
with the policy, the outcome
may exceed US tolerance.
US President Donald Trump
said on August 1 that he would
target $300 billion of Chinese
products with a 10 percent tariff
starting from September 1.
On August 14, Trump decid-
ed to divide the tariff into two
phases due to US retailers’ wor-ries about holiday season sales,
with a second round being put
off to December 15.
But he announced on Twit-
ter on August 24 that the in-
crease was up to 15 percent
from 10 percent,
escalating the trade
war after China hit
back with retaliatory
tariffs on $75 billionBy Fan Lingzhi, Chen Qingqing
and Wang Wenwen in
Hong KongRadical protesters in Hong Kong
gathered again on Sunday despite
a court injunction at the Hong
Kong International Airport, seri-
ously disturbing the public order
and obstructing transport services.
A large number of rioters left
the airport about 6 pm and went
to the Tung Chung MTR station,
where they broke a fire hydrant,
causing water to gush into the sta-
tion, according to a video clip Hong
Kong Satellite Television released.
Police began trying to clear them
out about 6:30 pm. The Global
Times reporters saw black-clad riot-
ers, now adopting “catch-and-run”
strategies, appeared well-informed
about when and where police
would next arrive on the ground.
Information on police movements
circulated on the Tele-
gram app and prompt-
ed some to change out
of their black shirts,
helmets and goggles,Virtual
vacation
20
Teaching
with tech
12-
Depth of Field Life
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6
Focus
http://www.globaltimes.cn VOLUME 11 • NO. 2966 • MONDAY SEPTEMBER 2, 2019 PRICE 2 YUANAuthorities
rush to tame
pork prices B
Business
New tariffs to hit, hurt US
China determined to fight, mulling retaliation: experts
HK police
arrest 63 radical
protesters at 2
MTR stations
An air crew staff member passes through a
barrier set up by radical protesters at Hong
Kong International Airport on Sunday.
Hundreds of Hong Kong protesters attempted
to block transport routes to the city’s airport
as the financial hub began cleaning up after
another night of serious violence marked by
fires, smoke and garbage. Photo: AFP 2
Mobs
See also
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