Trump imposes tariffs on $200B more of Chinese goods - News Summed Up

Trump imposes tariffs on $200B more of Chinese goods


But if the Trump administration enacts a further $267 billion round of tariffs, the iPhone, along with all other smartphones, are likely to be included in the list." So far, the United States has imposed tariffs on $50 billion worth of Chinese products to pressure China to make sweeping changes to its trade, technology transfer and high-tech industrial subsidy policies. Trade troubleThe escalation of Trump's tariffs on China comes after talks between the world's two largest economies to resolve their trade differences have produced no results. China, led by President Xi Jinping, has said it will retaliate against tariffs imposed on its goods. Also spared from the tariffs were Chinese inputs for U.S.-produced chemicals used in manufacturing, textiles and agriculture.


Source: CBC News September 17, 2018 23:02 UTC



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