US President Trump to announce additional tariffs on China
June 19 , 2018
US President Trump released a statement on Monday night threatening to impose additional 200 billion tariffs on Chinese products. Mr. Trump has asked his trade advisers to identify the Chinese products on which to impose new tariffs. This move can result in a trade war between US and China. According to US President, China has been benefitted for years because of the trade imbalance with the US. He has decided to impose 10% tariffs if China refuses to change its practices.