The Wall Street Journal: U.S. readying new tariffs on another $200 billion of Chinese goods

The Wall Street Journal: U.S. readying new tariffs on another $200 billion of Chinese goods

WASHINGTON — The White House said it would assess tariffs on a further $200 billion in Chinese goods, deepening the dispute with Beijing, while sending a message to European trading partners that the U.S. won’t back away from trade fights.

The new round of tariffs comes on top of two others and is bound to be met with threats of retaliation from Beijing. Officials in both nations say there are currently no negotiations scheduled, but a senior administration official said the U.S. was willing to talk with China about a resolution.

“We are trying to get China to alleviate its unfair practices,” the official said.

Previous discussions between Treasury Secretary Steven Mnuchin and Chinese economic envoy Liu He didn’t come close to resolving the dispute. The new tariffs won’t take effect for at least two months, administration officials said, giving U.S. industry time to comment on the products selected for levies.

An expanded version of this report appears on WSJ.com.

Also popular on WSJ.com:

Why men are wearing watches that don’t tell time.

Billionaire’s secret buyout formula: 110 instructions and an intelligence test.

Related posts