Thai PBS Thai PBS
Trade war widens as Trump slaps tariffs on $200 billion in Chinese goods

Trade war widens as Trump slaps tariffs on $200 billion in Chinese goods

13 Sept 12:15 Key points summarised by AI
  • President Trump imposed 10% tariffs on an additional $200 billion worth of Chinese imports, escalating to 25% by year-end, significantly widening the trade war.
  • While initially sparing some consumer items like smartwatches, Trump warned of 'phase three' tariffs on $267 billion more if China retaliates, which could include iPhones.
  • The US aims to pressure China into addressing unfair trade practices, technology transfer, and high-tech industrial subsidy policies.
  • This tariff escalation follows unproductive talks between the two largest economies, though the US remains open to further negotiations despite China vowing retaliation.
Read full article
News 1/1
Skip > Skip >