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General

US preparing new round of tariffs if talks with China fail - report

Tuesday 30 October 2018 | 08:57 CET | News
The US could impose tariffs on all Chinese imports that are still not taxed, Bloomberg reported, with sources saying preparations are underway in case talks between US president Donald Trump and Chinese premier Xi Jinping, scheduled for next month, fail to yield progress on the ongoing trade war. The new tariffs could go into effect from early December and cover about USD 257 billion worth of imports. They would be on top of the USD 250 billion already imposed. The sources stressed however that the new tariffs have not yet been finalised.

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Categories: General
Companies: Apple
Countries: China / United States / World
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