Trump to Impose 10% Tariff on $300 Billion of Chinese Goods


The U.S.-China trade war intensified Thursday after President Donald Trump said he would impose an additional 10 percent tariff on some Chinese products, one day after the two superpowers agreed to continue trade talks next month.

“Trade talks are continuing, and during the talks the U.S. will start, on September 1st, putting a small additional Tariff of 10% on the remaining 300 Billion Dollars of goods and products coming from China into our Country, Trump tweeted. “This does not include the 250 Billion Dollars already Tariffed at 25%.”

Trump also accused China of failing to purchase more U.S. agricultural products and halting the sale of opioid fentanyl to the U.S. “China agreed to … buy agricultural product from the U.S. in large quantities, but did not do so,” he said. “Additionally, my friend President Xi said that he would stop the sale of Fentanyl to the United States — this never happened, and many Americans continue to die.”

While the previous rounds of tariffs have primarily targeted industrial products, the new round of tariffs will target consumer products such as cell phones and apparel.

Trump’s latest salvo came one day after the latest round of trade talks between U.S. and Chinese negotiators ended in Shanghai with an agreement to meet again in September in the U.S.

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