Trump China Tariffs May Start Friday
President plans to impose tariffs on additional "subset" of items
President Donald Trump is expected to impose tariffs on Chinese goods as soon as Friday or next week, according to two sources briefed on internal deliberations, a move that is sure to further inflame tensions and spark almost immediate retaliation from Beijing, reports Politico.
The administration on Friday is planning to publish a final list of Chinese goods that will take the hit.
Peter Navarro, one of Trump’s senior trade advisers, said on Tuesday that the president is planning to impose tariffs on a “subset” of Chinese imports that the administration included in an original list of roughly $50 billion in targeted products in April.