Skip to content
Subscriber Only
Politics
Economics

Trump Escalates Tariff War, Leaving China Looking for Response

  • 10% tariff to be imposed on $300 billion in goods on Sept. 1
  • Trump: U.S. to ‘tax the hell out of China’ until deal reached
Video player cover image
Trump Says Xi Isn't Moving Fast Enough to Resolve Trade War
Updated on

President Donald Trump abruptly escalated the trade war with China, throwing the focus on how Beijing will respond to a step that threatens to scupper the chances of a deal between the two sides.

Trump announced Thursday that he would impose a 10% tariff on a further $300 billion in Chinese imports, a move set to hit American consumers more directly than any other in his trade wars so far. The new import taxes, which Trump later said could go “well beyond” 25%, will be imposed beginning Sept. 1 on a long list of goods expected to include smart-phones, laptop computers and children’s clothing.