Sep 23, 2018

[Ans] The Trump Administration announced that the U.S. was planning to impose tariffs on $200 billion worth of goods from what country?

Step 1 : Introduction to the question "The Trump Administration announced that the U.S. was planning to impose tariffs on $200 billion worth of goods from what country?"


Mr. Trump, in a statement released late Monday, showed no sign of backing down from the type of full-blown trade war between the world’s two largest economies that has rattled financial markets, saying he was prepared to “immediately” place tariffs on another $267 billion worth of imports “if China takes retaliatory action against our farmers or other industries.” 



Step 2 : Answer to the question "The Trump Administration announced that the U.S. was planning to impose tariffs on $200 billion worth of goods from what country?"



China :


The tariffs on $200 billion worth of products comes on top of the $50 billion worth already taxed earlier this year, meaning nearly half of all Chinese imports into the United States will soon face levies. The next wave of tariffs, which are scheduled to go into effect on Sept. 24, will start at 10 percent before climbing to 25 percent on Jan. 1. The timing of the staggered increase will partially reduce the toll of price increases for holiday shoppers buying Chinese imports in the coming months.


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