US and China impose new set of tariffs on each other in escalating trade war
00:29
Share this -
copied
The trade war between the United States and China escalated this week with new tariffs on $16 billion worth of imports from each nation. The dispute has the potential to raise consumer prices and rattle world markets. TODAY’s Savannah Guthrie reports.Aug. 23, 2018
UP NEXT
Woman paralyzed in motorcycle crash on turning trauma into hope
05:10
Multi-organ transplant provides cancer patient lifesaving 2nd chance
05:31
Here are this year's recipients for a Presidential Medal of Freedom
00:32
Love triangle murder suspect Kaitlin Armstrong returned to US
02:11
Tips to keep your family safe in the water amid lifeguard shortage
02:21
Shark patrols are being stepped up amid spike in sightings, attacks