Donald Trump decreed last week that tariffs already scheduled for implementation on September 1 and December 15 respectively would see their rate increase by 5 per cent. Photo: AP
US moves quickly to implement Donald Trump’s trade war tariff increase on Chinese-made consumer goods
- US Federal Register notice confirms tariff rise from 10 to 15 per cent on US$300 billion of goods from Sunday
- Move in response to China’s decision to impose retaliatory tariffs of between 5 and 10 per cent on US$75 billion worth of American products
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US-China trade war
Donald Trump decreed last week that tariffs already scheduled for implementation on September 1 and December 15 respectively would see their rate increase by 5 per cent. Photo: AP