US to impose tariffs on $200 bn in Chinese goods: reports

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WASHINGTON, Sept 16, 2018 (BSS/AFP) – US President Donald Trump has
decided to impose tariffs on $200 billion in Chinese imports and could make
the announcement in the coming days, US media reported.

Citing anonymous sources, The Washington Post and The Wall Street Journal
reported that the tariffs would be set at 10 percent.

Trump has already imposed 25 percent tariffs on steel imports and 10
percent on aluminum, as well as 25 percent on $50 billion in goods from
China.

The prospect of new tariffs undercuts hopes of an imminent reduction in
trade tensions between Washington and Beijing.

On Thursday, China had welcomed a US offer to hold fresh trade talks,
providing some hope the world’s top two economies could step back from the
brink of an all-out trade war.