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Trump 'likely' to announce new China tariffs as early as Monday

Trump 'likely' to announce new China tariffs as early as Monday

14 Sept 15:58 Key points summarised by AI
  • President Trump is anticipated to announce new tariffs on approximately $200 billion worth of Chinese imports as early as Monday.
  • The tariffs are expected to be around 10%, targeting a wide array of products including internet technology, electronics, and various consumer goods.
  • These actions are part of Trump's broader strategy to address China's 'unfair trade practices,' reduce its trade surplus with the U.S., and counter policies related to U.S. technology acquisition.
  • The impending tariffs could complicate ongoing efforts to restart trade talks between the world's two largest economies, despite recent invitations for senior Chinese officials to Washington.
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