White House Posts List Of $300B In Chinese Goods To Be Targeted By Tariffs

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The White House on Monday released a list of roughly $300 billion in Chinese products that President Trump may hit with tariffs, a significant step toward subjecting all goods from China to import taxes.

The Office of the U.S. Trade Representative (USTR) on Monday afternoon identified hundreds of food items, agricultural products, articles of clothing, shoes and other consumer goods that would be subject to a 25 percent tariffs if finalized by Trump.

Trump has already imposed a 25 percent tariff on roughly $250 billion in products from China, including hiking import taxes Friday on $200 billion in Chinese goods from 10 to 25 percent. China has responded by increasing tariffs on $60 billion in U.S. agricultural goods, boosting its leverage over the ailing farm sector.

Read more at The Hill.

{Matzav.com}

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