The latest news in US-China relations is trade war tariff increments announced by Trump. The measure was in response to imposed Chinese duties announced earlier and will affect billions of dollars in Chinese goods.
President Trump on Friday announced plans [of trade war tariff increments] on hundreds of billions of dollars in Chinese goods in a sweeping response to duties announced by Beijing earlier in the day.
Trump tweeted that a 10 percent tariff on $300 billion in Chinese goods set to go into effect on Sept. 1 would increase to 15 percent, and that an additional $250 billion being tariffed at 25 percent will be hit with a 30 percent tariff starting Oct. 1.
“China should not have put new Tariffs on 75 BILLION DOLLARS of United States product (politically motivated!)” Trump tweeted.
The move marks the latest salvo in Trump’s trade war with China, which has dragged on for more than a year with few signs of a resolution in sight
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