Posts tagged as import tariffs

Trump imposes $200bn of new import tariffs on China as trade war escalates

Tuesday, September 18, 2018

Donald Trump has intensified his trade war with China by imposing new import tariffs of $200bn on Chinese goods arriving in the US from next week. The US president announced the tariffs in a statement, saying: “If Chinatakes retaliatory action against our farmers or other industries, we will immediately pursue phase three, which is tariffs on approximately $267bn of additional imports.” The US president blamed “unfair policies and practices” for the escalation.…