“The U.S. will start, on September 1st, putting a small additional Tariff of 10% on the remaining 300 Billion Dollars of goods and products coming from China into our Country,” Trump tweeted.
President Donald Trump said Thursday the U.S. is putting 10% tariffs on $300 billion worth of Chinese goods, effective Sept. 1.
The surprise tariff announcement came after the U.S. and China restarted trade talks in Shanghai this week, the first in-person trade talks since a G-20 truce. The White House said on Wednesday before this Trump tweet the meetings were It's unclear what has caused Trump to end the trade war ceasefire with these new tariffs. The tweet comes in the wake of a meeting Thursday morning at which the president got a report from Treasury Secretary Mnuchin and Trade Representative Robert Lighthizer on their meetings in Shanghai this week, a White House official told CNBC's Eamon Javers.
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