Why is Donald Trump threatening more tariffs –and what next?
by Richard Partington from on (#3SJMF)
The US president has said he plans tariffs on an extra $200bn of imports from China
Raising the stakes in the escalating trade standoff between the US and China overnight, Donald Trump has asked US trade officials to draft plans for additional tariffs on $200bn (152bn) of Chinese imports. The president wants them set at a 10% rate, while indicating he would be prepared to impose tariffs on yet another $200bn of imports if China were to retaliate.
Related: Trump threatens new tariffs on $200bn in Chinese imports
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