Established by Fathi Ibrahim Bayoud 2005 - Homs

US to impose tariffs on $200 bn in Chinese goods: reports

Business | 2018-09-16 07:34:00
US to impose tariffs on $200 bn in Chinese goods: reports
US President Donald Trump has decided to impose tariffs on $200 billion in Chinese imports and could make the announcement in the coming days, US media reported.

Citing anonymous sources, The Washington Post and The Wall Street Journal reported that the tariffs would be set at 10 percent.

Trump has already imposed 25 percent tariffs on steel imports and 10 percent on aluminum, as well as 25 percent on $50 billion in goods from China.

The prospect of new tariffs undercuts hopes of an imminent reduction in trade tensions between Washington and Beijing.

On Thursday, China had welcomed a US offer to hold fresh trade talks, providing some hope the world's top two economies could step back from the brink of an all-out trade war.
AFP
Comments (0)

Post Your Comments

fill all fields below
*This confirmation code will prevent auto submit
X :Latest News
Syrians stranded near Jordan border await aid corridor      Dozens of civilians, fighters quit Syria jihadist holdout: SDF      May heads to Brussels for Brexit crisis talks      Venezuela armed forces on 'alert' for border violations      US-backed Syrian forces seek to evacuate civilians from IS group holdout      Swiss would prefer Islamic State fighters tried on site: minister      U.S. concerned over Hezbollah's growing role in Lebanon      U.S.-backed fighters move closer to taking last Islamic State Syria pocket