Jun
18

Trump Targets $200 Billion in Chinese Imports as Spat Grows

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  • USTR asked to identify $200 billion in goods for 10% tariffs
  •  Threat comes days after U.S., China pledged massive duties

President Donald Trump is threatening to slap tariffs on another $200 billion in Chinese imports as trade tensions between the world’s two largest economies reach new heights.

Trump said in a White House statement Monday evening that he had instructed the U.S. Trade Representative’s office to identify $200 billion in imports from the Asian nation for additional tariffs of 10 percent. He said the U.S. would impose tariffs on another $200 billion after that if Beijing retaliates…

Trump Targets $200 Billion in Chinese Imports as Spat Grows

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Categories : Finance

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