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US to slap 25% tariffs on another USD16 bn in Chinese goods from Aug 23: USTR

AFP  |  Washington 

announced today that 25 per cent tariffs would be in place on USD 50 billion in Chinese goods starting August 23.

had already imposed tariffs on USD 34 billion on July 6 but held off on a final USD 16 billion in goods as a result of concerns from US companies.

The office of US Trade said today there were 279 new goods to be targeted in the dispute over China's policies, which American officials say promote the theft of American technology.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, August 08 2018. 02:55 IST
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