The Trump administration is planning to slap $60 billion in tariffs on Chinese products Aides had presented a plan totaling $30 billion, but Trump doubled it Tariffs on 100 products meant to retaliate for alleged intellectual property theftConcern tariffs could prompt a trade warTrump previously announced a 25 per cent tariff on imported steel ‘No one will emerge a winner from a trade war,’ said China’s premier, Li KeqiangHe urged the U.S. to ‘act rationally’ Goods including clothing and electronics could be targeted
President Trump is preparing to lay down $60 billion in tariffs on China to counter what he says is intellectual property theft – while China is urging the U.S. to ‘act rationally.’
The president has rattled markets and sparked fears of a trade war with the
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