Jul
31
U.S. Considers Higher Tariffs on $200 Billion in Chinese Imports
By-
U.S. may now seek 25 percent tariffs on $200 billion in goods
- Officials seeking ways to re-engage after talks stalled
The Trump administration will propose more than doubling its planned tariffs on $200 billion in Chinese imports, ratcheting up pressure on Beijing to return to the negotiating table, three people familiar with the internal deliberations said.
The U.S. imposed 25 percent tariffs on $34 billion of Chinese products in early July, and the review period on another $16 billion of imports ends Wednesday. President Donald Trump had threatened an additional $200 billion with levies of 10 percent, a level the administration may raise to 25 percent in a Federal Register notice in coming days, one of the people said…
U.S. Considers Higher Tariffs on $200 Billion in Chinese Imports
