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Trump seeks an additional $100 billion in tariffs against China in escalation of trade confrontation

2018-04-06 09:31:37       source:The Washington Post

April 5, 2018


President Trump ordered his chief trade negotiator to consider imposing tariffs on an additional $100 billion of Chinese products Thursday, in a dramatic escalation of his trade war with China.


The threat from Trump is the latest volley between the White House and Beijing in an exchange of trade attacks that continue to broaden in scope and severity.


Trump’s latest move would impose tariffs on a significant share of imported Chinese goods that enter the United States — $505.6 billion last year.


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https://www.washingtonpost.com/business/economy/trump-seeks-an-additional-100-billion-in-tariffs-against-china-in-escalation-of-trade-confrontation/2018/04/05/8a015664-3928-11e8-8fd2-49fe3c675a89_story.html?utm_term=.1c9fb4585953