Daily News

Trump says tariffs on Chinese goods will go up 5 percentage points

August 23, 2019
The Trump administration announced on Friday that tariffs the U.S. is imposing on China will be ratcheted up five percentage points, raising the 25 percent tariffs on $250 billion worth of Chinese goods to 30 percent and the 10 percent tariffs set to go into effect on Sept. 1 and Dec. 15 to 15 percent. China announced it would raise retaliatory tariffs on $75 billion worth of U.S. goods earlier on Friday, prompting Trump to say the he would address...


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