Reuters: U.S.

Friday, August 23, 2019

Breaking News: Trump announces increased tariffs on Chinese goods

 
 
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Trump announces increased tariffs on Chinese goods
President Trump on Friday announced plans to increase tariffs on hundreds of billions of dollars in Chinese goods in a sweeping response to duties announced by Beijing earlier in the day.

Trump tweeted that a 10 percent tariff on $300 billion in Chinese goods set to go into effect on Sept. 1 would increase to 15 percent, and that an additional $250 billion being tariffed at 25 percent will be hit with a 30 percent tariff starting Oct. 1.
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