Trump announces $50 billion in tariffs on Chinese imports - News Summed Up

Trump announces $50 billion in tariffs on Chinese imports


The Trump China tariff order was to be signed into an executive memo at the White House on Thursday. The president instructed US Trade Representative Robert Lighthizer to levy tariffs on at least $50 billion in Chinese imports. Trump was poised to sign an executive memo issuing the instructions on Thursday at the White House. Policymakers across the world are warning of a brewing trade war that could undermine the broadest global recovery in years. “$50 billion in tariffs against China, if that is what the US moves ahead with, is serious money.


Source: Mint March 22, 2018 17:08 UTC



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