Trump Mulling 25% Tariff Hike On Another $200B In Chinese Imports

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The Trump administration is weighing even higher tariffs on $200 billion in Chinese products as it seeks to drive Beijing back to the negotiating table.

Bloomberg News reported Tuesday that the Trump administration is set to propose raising tariffs on the $200 billion in Chinese imports from 10 percent to 25 percent.

The administration levied a 25-percent tariff on $34 billion in Chinese imports earlier this month. That move was met by retaliatory tariffs from China on an equal amount in U.S. goods.

Read more at The Hill.

{Matzav.com}

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