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  • Trump says he will increase tariffs on $200 billion of Chinese goods

    2019-05-06 16:35:24   [Print]
    According to reports, U.Asian Metal CopyrightS.Asian Metal CopyrightS.Asian Metal Copyright .Asian Metal Copyright President Donald Trump said on May 5 that he will increase tariffs on $200 billion worth of Chinese goods from 10 percent to 25 percent on Friday and levy a new 25 percent fee on all remaining Chinese imports "shortly".

    The move marked a major escalation in tensions between the world's largest economies and a shift in tone from Trump, who had cited progress in trade talks recently.

    In a pair of tweets, Trump accused China of trying to "renegotiate" the terms of an agreement that representatives have been trying to finish for five months.

    .Asian Metal CopyrightAccording to reports, UAsian Metal Copyright
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