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Daily News - Trump to announce new tariffs on China as soon as Monday, 10% instead of 25%

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Daily News - Trump to announce new tariffs on China as soon as Monday, 10% instead of 25%

Reuters reported that, based on unnamed source, Trump is ready to announce the next round of tariffs on USD 200B in Chinese goods, as soon as on Monday. However, the tariff rate could be at 10%, which is much lower than the 25% rate Trump intended to impose. There is no comment from the White House on the news yet. At the same time, Treasury Secretary Steven Mnuchin is restarting trade talks with China, involving Vice Premier Liu He. But there is no detail the meeting, not even a date yet. In th...

Source: http://c.newsnow.co.uk/A/2/954500401?-42097:28482:3

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