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Thursday, December 7, 2023
HomeUncategorizedTrump pushing for $200 bn tariffs on China

Trump pushing for $200 bn tariffs on China

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The Donald Trump administration is pushing forward to slap trade tariffs amounting to $200 billion of Chinese products as the trade war between Washington and Beijing showed no signs of abetting. However, the announcement of the same is yet to be made.

Earlier this week, the US president had met with top officials and has directed them to proceed with the plan to impose tariffs on China.

CNN quoted a White House spokeswoman, Lindsay Walters, saying, “The President has been clear that he and his administration will continue to take action to address China’s unfair trade practices. We encourage China to address the long-standing concerns raised by the United States.”

China is the US’ largest trading partner, with almost $506 billion worth of Chinese products being sold to Washington last year.

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