US planning tariffs on remaining $257 billion in Chinese goods: report

The brand-new tariffs, if enacted, could be the final step from the Trump administration’s efforts to force Chinese leadership to the negotiation table through pressure on Chinese goods.

Asked for clarification on the brand-new tariffs, Press Secretary Sarah Sanders said in a conference Monday afternoon which she’s “not going to get ahead of the president’s meeting along with I expect which goes well.” The United States Trade Representative’s office referred CNBC to Sanders’ response when asked for comment.

Sources familiar with the administration’s plans later told CNBC’s Eamon Javers which there are no brand-new developments to the U.S.-China trade relationship.

The White House levied tariffs of 10 percent on $0 billion of Chinese products in September, with the rate set to improve to 25 percent by the end of the year barring a breakthrough from the trade talks. In response, Beijing said which could impose taxes on 5,207 U.S. imports worth about $60 billion.

The two nations had already imposed tariffs on $50 billion of each additional’s goods before the September sanctions. While China is actually targeting U.S. goods including coal, grease, Vaseline, asphalt along with plastic products, the U.S. is actually taxing items such as appliances along with furniture.

Click here for the full Bloomberg article.

CNBC’s
Kevin Breuninger
contributed reporting.

WATCH: Headline risk on tariffs mostly behind us, except for China

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