Khaleej Times

Trump set to unveil China tariffs today

- David Shepardson

washington — US President Donald Trump is likely to announce new tariffs on about $200 billion on Chinese imports as early as Monday, a senior administra­tion official told Reuters on Saturday.

The tariff level will probably be about 10 per cent, the Wall

Street Journal reported, quoting people familiar with the matter. This is below the 25 per cent the administra­tion said it was considerin­g for this possible round of tariffs.

The White House did not immediatel­y respond to a request for comment.

We encourage China to address the long-standing concerns raised by the US

Lindsay Walters, White House spokeswoma­n

The upcoming tariffs will be on a list of items that included $200 billion worth of internet technology products and other electronic­s, printed circuit boards and consumer goods including Chinese seafood, furniture and lighting products, tires, chemicals, plastics, bicycles and car seats for babies. It was unclear if the administra­tion will exempt any of the products that were on the list, which was announced in July.

On Friday, White House spokeswoma­n Lindsay Walters said Trump “has been clear that he and his administra­tion will continue to take action to address China’s unfair trade practices. We encourage China to address the long-standing concerns raised by the Unites States.”

Trump had already directed aides to proceed with tariffs, despite Treasury Secretary Steven Mnuchin’s attempts to restart trade talks with China.

 ??  ??

Newspapers in English

Newspapers from United Arab Emirates