U.S. to impose more tariffs on China in September - FreshFruitPortal.com

Trump says U.S. will impose tariffs on extra US$300B of Chinese imports on Sept. 1

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Trump says U.S. will impose tariffs on extra US$300B of Chinese imports on Sept. 1

U.S. President Trump announced on Thursday the U.S. will implement 10% tariffs on an additional US$300 billion worth of Chinese goods, effective Sept. 1.

The surprise move comes after trade talks in Shanghai ended with little progress being made.

In a series of Tweets, Trump said the new tariffs would be in addition to the 25% tariffs on US$250 billion of imports already in place.

He also said that China had not followed through on its offer to buy more agricultural product from the U.S.

ā€œWe thought we had a deal with China three months ago, but sadly, China decided to renegotiate the deal prior to signing,ā€ Trump said.

"More recently, China agreed to buy agricultural product from the U.S. in large quantities, but did not do so.ā€

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