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Trump ready to impose tariffs on about $50 bln in Chinese goods - official

Reuters  |  WASHINGTON 

By Jeff Mason and David LawderWASHINGTON (Reuters) - U.S. President Trump has made up his mind to impose "pretty significant" tariffs on Chinese goods, an administration official said on Thursday, as Beijing warned that it was ready to respond if Washington chose to ratchet up trade tensions.Trump is due to unveil revisions to his initial tariff list targeting $50 billion of Chinese goods on Friday. The list will contain 800 product categories, down from 1,300 previously, according to another administration official and an industry source familiar with the list. Trump no longer believes that ...

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First Published: Fri, June 15 2018. 03:18 IST