The U.S. Trade Representative’s office has reaffirmed President Donald Trump’s plans to impose an additional 5% tariff on a list of $300 billion of Chinese imports, with some starting September 1st.
The administration had previously planned to impose a 10% tariff but decided to raise that amount in response to China’s retaliatory tariffs on $75 billion worth of U.S. goods.
CGTN’s Dan Williams reports from Illinois, where many farmers who are attending a farm show, say they’re deeply concerned.
Just as weather often forces farmers to improvise, growers, who tout the quality and sustainability of U.S. soybeans and America’s transportation networks, are now trying to attract new customers in places like Mexico.
Earlier this month, Trump announced he would place an additional 10 percent tariff on $300 billion worth of Chinese imports- essentially all remaining non-tariffed goods from China.
Those tariffs were slated to go into effect Sept. 1, but now Trump is postponing until Dec. 15 tariffs on items in...
One day after announcing new 10% tariffs on Chinese imports President Donald Trump says he could increase them even more. At the same time, Beijing is promising “necessary countermeasures” if any new duties go into effect.
Stock markets in France and Germany fell more than three percent. In the ...