US plans 25% tariffs on 1,300 Chinese imports

US plans 25% tariffs on 1,300 Chinese imports
 

The US has published a list of about 1,300 products from China it plans to hit with a 25% tariff.
The White House says the proposed extra tax on the imports is a response to unfair Chinese practices around intellectual property rights.
The wide-ranging list includes items such as medical products, televisions and motorcycles.
Economists have warned the move could prompt China to retaliate and lead to higher prices for American consumers.
The release of the list comes just after China hit $3bn worth of US products with tariffs in response to steel and aluminium tariffs the US has imposed.... read more

 
3 April 2018 in Business, Views: 54
Source: BBC
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