EnergyWatch

Trump is said to approve tariffs on USD 50 billion of Chinese goods

US President is expected to Friday announce a list of hundreds of Chinese-made products that will be subject to tariffs.

Photo: Ritzau Scanpix/AP/Evan Vucci

President Donald Trump has approved tariffs on Chinese goods worth about USD 50 billion, said a person familiar with the decision, ratcheting up a confrontation on trade that is set to prompt retaliation from Beijing.

The Trump administration is preparing to release a refined list of Chinese products to be hit with tariffs that hones in on technologies where China wants to establish itself as a leader, according to five people familiar with the matter. In April, the US revealed an initial list targeting about 1,300 products worth USD 50 billion in Chinese imports.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

New developer has 11GW offshore wind ready from inception

Profiles from European Energy, Ørsted and Centrica team up to found a new company aiming to develop solar, onshore wind, offshore wind and do power trading. Theres a hole in the market for us right now — in five years it will be closed, says director.

CIP hires Dutch profile

Current CFO at TenneT Otto Jager will join CIP as partner, with a primary focus on flagship funds.

Further reading

Related articles

Latest News

See all jobs