Post by bot on Aug 7, 2018 17:14:46 GMT -5
U.S. to impose 25% tariffs on $16 billion in Chinese imports starting later this month
The Trump administration will impose 25% tariffs on $16 billion in Chinese imports, starting on Aug. 23, the office of the U.S. Trade Representative announced Tuesday. The administration already placed tariffs on $34 billion of Chinese goods last month but delayed on the additional tariffs to hear from U.S. companies. At the end, USTR said there were 279 goods to be targeted in the dispute out of the original list of 284. The White House said the tariffs are a response to China's unfair trade practices related to the forced transfer of American technology and intellectual property.
The Trump administration will impose 25% tariffs on $16 billion in Chinese imports, starting on Aug. 23, the office of the U.S. Trade Representative announced Tuesday. The administration already placed tariffs on $34 billion of Chinese goods last month but delayed on the additional tariffs to hear from U.S. companies. At the end, USTR said there were 279 goods to be targeted in the dispute out of the original list of 284. The White House said the tariffs are a response to China's unfair trade practices related to the forced transfer of American technology and intellectual property.
