THURSDAY, April 25, 2024
nationthailand

US lists $200 bn in Chinese goods to be hit with tariffs

US lists $200 bn in Chinese goods to be hit with tariffs

The United States late Tuesday listed the $200 billion in Chinese export goods that could be hit with tariffs as soon as September, escalating the trade war between the world's two largest economies.

President Donald Trump vowed to hit back after China retaliated for the first round of 25 percent tariffs on $34 billion worth of imports that Washington imposed last week.

The US Trade Representative office will hold hearings on the targeted products and an administration official said it would take about two months to finalize the list, at which point Trump would decide whether to go ahead with the tariffs.

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