Washington imposes 10% tariffs on Chinese goods, costing 200 billion dollars, which will increase in the next year up to 25%.
On Monday, September 24, U.S. imposes 10% tariffs on the goods, imported from China to U.S., totaling 200 billion dollars, korrespondent.net reports.
It was previously reported that U.S. President Donald Trump also intends to start the third stage of implementing restrictive measures and impose additional tariffs, amounting 267 billion dollars, if Beijing takes responsive measures.
The White House explained that the tariffs imposed from January 1, 2018, will increase up to 25%.
In response, China decided to take measures, increased customs tariffs on U.S. goods for 60 billion dollars, and filed a complaint to WTO.
It should be reminded that U.S. President criticized the principles of China’s trade with U.S.
President was discontent with the trade imbalance between countries, which, according to Washington, is 500 billion dollars to China’s benefit.
