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Trump threatens $200B in additional tariffs on China imports

Jaclyn Jaeger | June 19, 2018

The U.S.-China trade war is escalating, and that means risk mitigation efforts for companies across all industries is escalating, as well.

On June 18, President Donald Trump directed the United States Trade Representative (USTR) to identify $200 billion worth of Chinese goods for additional tariffs, at a rate of 10 percent. These tariffs would be in addition to the tariffs that the Trump administration recently imposed on $50 billion worth of imports from China, at a rate of 25 percent, intended to “encourage China to change the unfair practices identified in the Section 301 action with respect to technology and innovation,” President Trump stated.


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