Trump fires back at Beijing with threat of new tariffs on $200 billion in Chinese goods
2018-06-19 09:48:56 source：CNBC
June 19, 2018
President Donald Trump has requested the United States Trade Representative to identify $200 billion worth of Chinese goods for additional tariffs at a rate of 10 percent.
The new duties will go into effect "if China refuses to change its practices, and also if it insists on going forward with the new tariffs that it has recently announced," the president said in a statement provided by the White House late on Monday.
Beijing has pledged to fight back if Trump goes ahead with the additional tariffs.
U.S. stock index futures fell following the news, while Asian equity markets were mixed.
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