US Plans Tariffs on Extra $200 Bln of Chinese Imports

July 11, 2018

© Maria / Adobe Stock
© Maria / Adobe Stock

The United States has decided to impose tariffs on $200 billion worth of imports from China after efforts to negotiate a solution to the trade dispute failed to reach an agreement, senior administration officials said on Tuesday.

U.S. Trade Representative Robert Lighthizer said the United States would impose tariffs of 10 percent on the additional Chinese imports.

The move would be the latest in the escalating trade skirmish between the world's two biggest economies.

Trump said last week the United States may ultimately impose tariffs on more than $500 billion worth of Chinese goods - roughly the total amount of U.S. imports from China last year.

Administration officials said a two-month process would allow the public to comment on the proposed tariffs before the list is finalized.

(Reporting by Ginger Gibson and Eric Beech; Writing by David Alexander; Editing by Peter Cooney)

Logistics News

Seacap, Shorly Enter Partnership for Port Transitions

Seacap, Shorly Enter Partnership for Port Transitions

Leonhardt & Blumberg Installs Econowind VentoFoils on Cargo Newbuild

Leonhardt & Blumberg Installs Econowind VentoFoils on Cargo Newbuild

China Insights: Iron Ore Mining Cools, Steel Making Softens

China Insights: Iron Ore Mining Cools, Steel Making Softens

This is the Last Article on the Jones Act you Ever Need to Read (Really)

This is the Last Article on the Jones Act you Ever Need to Read (Really)

Subscribe for Maritime Logistics Professional E‑News

Etna ash causes Catania airport to be closed for longer, disrupting travel during peak season
GRAINS-Wheat increases by around 3% following Ukraine's attack on Russia's key export port
Aena's Spanish Airports served 34.4 millions passengers in July