You are here: Home » International » News » Economy
Business Standard

Trade war: Trump threatens $100 bn more tariff on China, world stocks slump

Trump said in a statement the further tariffs were being considered "in light of China's unfair retaliation" against earlier US trade actions that included $50 billion of tariffs on Chinese goods

Reuters  |  Washington 

President Donald Trump said on Thursday he had instructed US trade officials to consider $100 billion in additional tariffs on China, fuelling an already heated trade dispute between the world's two biggest economies. Trump said in a statement the further tariffs were being considered "in light of China's unfair retaliation" against earlier US trade actions that included $50 billion of tariffs on Chinese goods. He added that the US Trade Representative had determined that China "has repeatedly engaged in practices to unfairly obtain America's ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, April 06 2018. 07:50 IST
RECOMMENDED FOR YOU