Trade war: Steps taken by US giving China a hard time, says Trump
The US levied tariffs of 10 per cent on $200 billion of Chinese products in September, with the rate set to increase to 25 per cent by the end of the year
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Donald Trump Photo: Reuters
China has been hurt over the past months and is having a “hard time” due to strong steps taken by the US against it over trade, President Donald Trump has claimed.
The US levied tariffs of 10 per cent on $200 billion of Chinese products in September, with the rate set to increase to 25 per cent by the end of the year. In response, Beijing said it would impose taxes on 5,207 US imports worth about $60 billion. The two nations had already imposed tariffs on $50 billion of each other’s goods before the September sanctions. “China has been hurt over the last number of months. And they’re having a hard time, and they’ll be fine. And let’s see what happens,” Trump said at a White House event.
The US levied tariffs of 10 per cent on $200 billion of Chinese products in September, with the rate set to increase to 25 per cent by the end of the year. In response, Beijing said it would impose taxes on 5,207 US imports worth about $60 billion. The two nations had already imposed tariffs on $50 billion of each other’s goods before the September sanctions. “China has been hurt over the last number of months. And they’re having a hard time, and they’ll be fine. And let’s see what happens,” Trump said at a White House event.