In tit-for-tat, Trump threatens more tariffs against China


WASHINGTON (AP) — President Donald Trump directed the U.S. Trade Representative to prepare new tariffs on $200 billion in Chinese imports on Monday as the two nations moved closer to a potential trade war.
The tariffs, which Trump wants set at a 10 percent rate, would be the latest round of punitive measures in an escalating dispute over the large trade imbalance between the two countries. Trump recently ordered tariffs on $50 billion in Chinese goods in retaliation for intellectual property theft. The tariffs were quickly matched by China on U.S. exports, a move that drew the president's... read more

 
19 June 2018 in Politics, Views: 52
Source: Chron
 


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