Global Markets

US plans tariffs on additional $200 bln of Chinese imports

The United States will impose tariffs on another $200 billion of imports from China.
By Staff reporter 18 September 2018 0 32591

The United States will impose tariffs on another $200 billion of imports from China, US President Donald Trump said on Monday.

A 10% import tax on products including toilet paper, plastic raincoats and live trout will go into effect next Monday, rising to 25% at the start of 2019.

China said last month it will impose tariffs on $60 billion of US goods, including LNG, if Washington proceeded with its $200 billion list.