Trump to impose new 10 percent tariff on China

Published Aug 1, 2019

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Washington - US President Donald Trump has announced that he

will hike tariffs on some 300 billion dollars' worth of Chinese goods

to 10 per cent starting on September 1.

The measures will come on top of the 25-per-cent tariffs that have

been imposed on 250 billion dollars' worth of Chinese products coming

into the US.

The announcement comes on the heels of talks between the world's two

largest economies in Shanghai this week. The negotiations did not

appear to yield any significant progress, though Trump said "positive

dialogue" between the sides will continue.

— Donald J. Trump (@realDonaldTrump) August 1, 2019

"We look forward to continuing our positive dialogue with China on a

comprehensive Trade Deal, and feel that the future between our two

countries will be a very bright one!" the president wrote on Twitter.

In announcing the new tariffs, Trump said China had pledged to

increase purchases of US agricultural products, but did not, and also

alleged Beijing reneged on a promise to stop the sale of Fentanyl to

the US.

dpa

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