WASHINGTON (Reuters) – U.S. President Donald Trump has told aides he wants to move ahead on a plan to impose tariffs on Chinese imports worth $200 billion next week, Bloomberg News reported, further ratcheting up trade tensions between the world’s two largest economies.
Both countries have levied tariffs on $50 billion on the other’s goods and threatened more duties. U.S. and Chinese officials ended talks last week without major breakthroughs on alleviating trade issues.
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Source: Investing.com