US President Donald Trump has given a go ahead to additional tariffs on Chinese goods worth about $200 billion, Bloomberg reported. The instruction to aides comes despite attempts by the Treasury to restart talks with Beijing.
According to the report, the Trump administration has decided to delay the public announcement of the measure “based on concerns raised in public comments”.
Trump ordered to proceed with the new salvo in his trade war with China after meeting Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross and US Trade Representative Robert Lighthizer, Bloomber sources said. Mnuchin was earlier trying to kick-start negotiations with China, which responded in kind to the previous round of 25 percent tariffs on goods worth $50 billion and promised to act likewise in the future.
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