UPDATE President Donald Trump officially announces 25 per cent tariffs on US$50 billion in Chinese imports and pledges additional tariffs if China retaliates
U.S. proposals to smack tariffs on US$50 billion of Chinese imports are just the start, economists and China-watchers said as they await an impending announcement.
The Trump administration is preparing to release a refined list of Chinese products to be hit with tariffs that focus on technologies where China wants to establish itself as a leader, according to people familiar with the matter. The White House has said the duties will be implemented “shortly” after the release of Friday’s list, though no date has been set.
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