Trump administration recommends tariffs on $50 billion in Chinese imports
The Office of the U.S. Trade Representative on Tuesday proposed imposing 25 percent tariffs on $50 billion worth of Chinese imports.
"This level is appropriate both in light of the estimated harm to the U.S. economy, and to obtain elimination of China's harmful acts, policies, and practices," the office said in its report. The 1,300 products targeted include lithium batteries, dishwashers, semiconductors, and flame throwers. The Chinese Commerce Ministry responded by saying it will soon announce countermeasures to any tariffs.
President Trump has accused China of stealing the intellectual property of American companies; the tariffs are China's punishment. The public can comment on the proposal through May 11.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
7 bars with comforting cocktails and great hospitalitythe week recommends Winter is a fine time for going out and drinking up
-
7 recipes that meet you wherever you are during winterthe week recommends Low-key January and decadent holiday eating are all accounted for
-
Nine best TV shows of the yearThe Week Recommends From Adolescence to Amandaland
-
Tariffs have American whiskey distillers on the rocksIn the Spotlight Jim Beam is the latest brand to feel the pain
-
TikTok secures deal to remain in USSpeed Read ByteDance will form a US version of the popular video-sharing platform
-
Unemployment rate ticks up amid fall job lossesSpeed Read Data released by the Commerce Department indicates ‘one of the weakest American labor markets in years’
-
Coffee jittersFeature The price of America’s favorite stimulant is soaring—and not just because of tariffs
-
What a rising gold price says about the global economyThe Explainer Institutions, central banks and speculators drive record surge amid ‘loss of trust’ in bond markets and US dollar
-
US mints final penny after 232-year runSpeed Read Production of the one-cent coin has ended
-
Warner Bros. explores sale amid Paramount bidsSpeed Read The media giant, home to HBO and DC Studios, has received interest from multiple buying parties
-
China’s rare earth controlsThe Explainer Beijing has shocked Washington with export restrictions on minerals used in most electronics
