Thursday, August 30, 2018

Trump poised to impose tariffs on China

United States President Donald Trump wants to impose tariffs on $200 billion in Chinese imports as soon as a public-comment period concludes next week, according to six people familiar with the matte, reports Bloomberg News agency.

The comment deadline is Sept. 6 to deal with proposals to impose tariffs on a long list of Chinese-made products including selfie sticks and semiconductors.

The Chinese have threatened to hit back with measures that have so far not been articulated.