Wednesday, August 01, 2018

POLITICS_ U.S. Considers 25% Tariffs on $200 Billion in Chinese Imports

THE WALL STREET JOURNAL

POLITICS - NATIONAL SECURITY

U.S. Considers 25% Tariffs on $200 Billion in Chinese Imports

The original plan called for 10% tariffs, which President Trump dismissed as weak

By Bob Davis and Lingling Wei

Updated Aug. 1, 2018 4:36 p.m. ET


WASHINGTON—The White House, seeking to ratchet up pressure on Beijing and prod it into further negotiations, said it would consider more than doubling its proposed tariffs on $200 billion of Chinese goods to 25%.

The move Wednesday came as talks between Beijing and Washington have stalled, and Washington is looking for additional leverage. In a Monday White House meeting, Mr. Trump dismissed a proposed 10% China tariff as weak, said people familiar with the discussions, and had officials bump up the levy to 25%.

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READ MORE: https://www.wsj.com/articles/u-s-expected-to-unveil-25-tariffs-on-proposed-200-billion-in-chinese-imports-1533147299

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