The Trump administration announced Tuesday that it will go ahead with imposing 25 percent tariffs on an additional $16 billion in Chinese imports.
Customs officials will begin collecting the border tax Aug. 23, the Office of the U.S. Trade Representative said. The list is heavy on industrial products such as steam turbines and iron girders.
Tuesday’s announcement was not a surprise. In April, the administration had announced plans to slap tariffs on 1,333 Chinese product lines worth $50 billion a year. After receiving public feedback, it cut 515 products from the list in June and added 284. On July 6, the U.S. began taxing the 818 goods, worth …Read More On Newsmax