U.S. plans tariff hike on virtually everything from China
U.S. trade officials issued a list Tuesday of $300 billion more of Chinese goods targeted for possible tariff increases. The list “covers essentially all products” exported from China that haven’t already been hit with tariff increases, the U.S. Trade Representative’s office said. It includes laptop computers, saw blades, turbine parts, tuna, and garlic.
The United States and China appear locked in a battle of wills after trade talks hit a setback and President Donald Trump announced new duties on Chinese imports last week. China responded with more tariffs of its own Monday.
Trump started raising tariffs last July over complaints China steals or pressures foreign companies to hand over technology and unfairly subsidizes businesses. The office of the U.S. Trade Representative said officials would discuss how to proceed with the latest plans for tariff hikes at a hearing on June 17.
An actual newsletter worth subscribing to instead of just a collection of links. —Adam
Sign up to receive The Sift email newsletter each weekday morning for the latest headlines from WORLD’s breaking news team.
Please wait while we load the latest comments...
Comments
Please register, subscribe, or log in to comment on this article.