Trump plans 10% tariffs on $ 200 bn of Chinese goods

US President Donald Trump has unveiled plans to impose 10 per cent tariffs on 200 billion dollars worth of Chinese goods on top of previous punitive measures over Beijing’s unacceptable move to raise its own tariffs.

Trump said in a statement that further action must be taken to encourage China to change its unfair practices, open its market to United States goods and accept a more balanced trade relationship with the United States.

The US leader warned that after the new measures are in place – on top of existing tariffs on 50 billion dollars in Chinese imports – punitive measures on another 200 billion dollars of Chinese goods would go forward, if China increases its tariffs yet again.

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