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Trump Threatens New Tariffs On $200 Billion More Of Chinese Goods

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Trump Threatens New Tariffs On $200 Billion More Of Chinese Goods

Trump Threatens New Tariffs On $200 Billion More Of Chinese Goods

President Donald Trump escalated the trade war with China on Tuesday.

Business Insider reports that the Trump administration released a list of more than $200 billion worth of Chinese exports to the US that could be subject to new tariffs.

Whereas previous tariffs were focused on industrial goods, the roughly 200-page list includes everything from consumer products to food to industrial chemicals.

American consumers are likely to notice potential price increases right away.

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