Friday, June 15, 2018

U.S. President Trump Approves Tariffs On $50billion Worth Of Chinese Imports



Daily Mail: Trump's trade war heats up: President approves tariffs on $50billion worth of Chinese imports that could come into force TODAY as world's second largest economy promises swift retaliation

* Trump had warned of tariffs over Chinese theft of patents from US tech firms
* Tariffs will target technologies where China hopes to become a world leader
* Other items possibly included are flamethrowers, defibrillators and false teeth
* Comes after Trump slapped steep tariffs on imported steel and aluminium imported from Canada, the EU and Mexico

President Trump has approved tariffs on $50billion worth of Chinese goods which could come into force today, it has been reported.

The White House will publish the list on Friday with tariffs to take effect 'shortly' afterwards, officials said.

The tariffs will target technology industries where China hopes to become a world leader, after an investigation uncovered rampant intellectual property theft by Chinese companies against US firms.

Read more ....

More News On U.S. President Trump Approving Tariffs On $50billion Worth Of Chinese Imports

Trump announces US tariffs on $50 billion in Chinese imports -- AP
Trump sets $50 billion in China tariffs with Beijing ready to strike back -- Reuters
Donald Trump announces tariffs on $US50 billion worth of Chinese goods -- ABC News Online
Trump puts 25% tariff on Chinese goods -- BBC
Donald Trump announces tariffs on US$50 billion of Chinese goods, sparking promise of retaliation from Beijing -- SCMP
In prelude to trade war, U.S. details tariffs on $50 billion of Chinese goods -- Los Angeles Times
Trump slaps China with $50 billion in trade tariffs on imports -- RT
Trump Hits China With 25% Import Tariff, Beijing Vows to Retaliate -- Sputnik

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