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U.S.: Washington Unleashes Another Tariff Barrage Against China

Jul 11, 2018 | 21:31 GMT

The White House is making good on its threat to pile additional tariffs on China as punishment for its retaliation for the first round of Section 301 tariffs, primarily on Chinese industrial and technological goods. On July 6, the United States imposed 25 percent tariffs on $34 billion worth of Chinese industrial goods, and next month, it will do the same on another $16 billion in goods. China, as expected, responded to the July 6 measures with tariffs targeting politically sensitive agricultural products, including soybeans, sorghum, pork, beef, dairy and cotton, as well as vehicles. The White House had warned that it could slap 10 percent tariffs on up to $400 billion worth of Chinese goods in response to Beijing's retaliation. And sure enough, on July 10, the U.S. trade representative launched a two-month process for imposing the tariffs by October -- so far on $200 billion in imports from...

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