US To Raise Tariffs On $200 Billion Worth Of Chinese Imports!
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—The United States will raise tariffs from 10 percent to 25 percent on $200 billion worth of Chinese imports effective Friday, according to a notice posted to the Federal Register on Wednesday.
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The U.S. Trade Representative‘s office will establish a process to seek exclusions for certain products from additional tariffs, the Federal Register notice said.
Containers are seen at a port in Lianyungang in China’s eastern Jiangsu province on July 13, 2018. – China’s surplus with the United States hit a record last month, data showed on July 13, adding to brewing tensions between the economic superpowers as they stand on the brink of an all-out trade war that Beijing warned would have a “negative impact” globally. (Photo by STR / AFP) / China OUT (Photo credit should read STR/AFP/Getty Images)
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