US to put 25% tariff on Chinese goods
WASHINGTON – Unites States President Donald Trump is to impose 25-percent tariffs on $50bn worth of Chinese goods, accusing Beijing of intellectual copyright theft.
Tariffs that affect more than 800 products worth $34bn in annual trade are due to come into effect on July 6.
The White House said it would consult on tariffs on the other $16bn of products, and would apply these later.
China retaliated, saying it will impose an additional 25-percent tariff on 659 US goods worth $50bn.
The US had earlier warned that it will impose even more tariffs should China retaliate.