Searching...

White House to impose 25% tariff on $50bn worth of Chinese goods

12:05 AM
  • Aggressive step in an effort to reduce $337bn US trade deficit
  • Move comes at a sensitive time in US-China relations

The White House has taken aggressive new steps in its effort to reduce a $337bn trade deficit with China, announcing that it will impose a 25% tariff on $50bn of Chinese goods containing “industrially significant technology”.

Related: Ivanka Trump won China trademarks days before her father's reversal on ZTE

Continue reading...

from US news | The Guardian https://ift.tt/2IUKODO

0 comments:

Post a Comment