Trump Will Announce $50 Billion of Anti-China Tariffs and Restrictions on Chinese Investments in the U.S.
by John Carney President Donald Trump is set to announce tariffs and investment restrictions aimed at convincing China to halt practices the U.S. believes are a form of economic aggression, according to White House officials. The president is scheduled to announce the new policies at 12:30 p.m. The tariffs will take aim at around $50 billion of Chinese exports, according to senior administration officials. The president will also order the Treasury Department to formulate restrictions on Chinese investments in U.S. companies, according to senior White House adviser Everett Eisenstadt. U.S Trade Representative Robert Lighthizer will also initiate an action against China at...
by John Carney President Donald Trump is set to announce tariffs and investment restrictions aimed at convincing China to halt practices the U.S. believes are a form of economic aggression, according to White House officials. The president is scheduled to announce...
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