China’s tariffs on U.S. oil would disrupt $1 billion monthly business

FILE PHOTO: A man walks past an electronic stock quotation board outside a brokerage in Tokyo, Japan, February 9, 2018. REUTERS/Toru Hanai

SINGAPORE (Reuters) – China’s threat to impose duties on U.S. oil imports will hit a business that has soared in the last two years, and which is now worth almost $1 billion per month. In an escalating spat over the United States’ trade deficit with most of its major trading partners, including China, U.S. President […]

Continue reading this article with a Fiji Times online membership.

More Stories