Fri May 10, 2019, 07:47 PM

Trump Orders Tariff Hikes On Remaining Chinese Goods, Worth About $300bn

Published time: 10 May, 2019 22:49
Edited time: 10 May, 2019 23:35

US President Donald Trump has ordered to kick-start the process of cranking up tariffs on “all remaining Chinese goods” worth $300 billion. That is in addition to a fresh 15 percent tariff hike on $200 billion worth of imports.

In a statement Friday, Trump’s chief trade negotiator Robert E. Lighthizer announced that the US eyes increasing import tariffs on virtually all Chinese goods.

Earlier on Thursday, the US increased tariffs on some $200 billion worth of Chinese goods from 10 to 25 percent as the negotiations over the trade deal stalled after Bejiing reportedly walked back on some of the terms of the draft agreement.

As the high-level US-China trade talks that kicked off on Thursday ended on Friday with no breakthrough, Lighthizer said that Trump decided to slap tariffs on additional $300 billion worth of Chinese imports.

“The President also ordered us to begin the process of raising tariffs on essentially all remaining imports from China,” he stated.


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Reply Trump Orders Tariff Hikes On Remaining Chinese Goods, Worth About $300bn (Original post)
RCW2014 May 2019 OP
Oldgeezer May 2019 #1

Response to RCW2014 (Original post)

Fri May 10, 2019, 08:15 PM

1. RT article..didn't see that coming..& you won't see this post're ignore list

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