Live Update 
From the Liveblog of
Thursday, August 1, 2019
From the Liveblog of
Thursday, August 1, 2019
Trump says US to slap 10% tariff on $300 bn more in Chinese goods
Add ToI as a Preferred Source on GoogleUS President Donald Trump announces that 10 percent tariffs on another $300 billion in Chinese imports will take effect next month, escalating the trade war between the world’s two biggest economies as recent negotiations falter.
Trump tweets that “the US will start, on September 1st, putting a small additional Tariff of 10% on the remaining 300 Billion Dollars of goods and products coming from China into our Country.”
Trump also complains that China has failed to follow through on what has been touted as two sweeteners in the tense negotiations — a surge in purchases of farm produce and a halt in sales of the opioid fentanyl.
Trump says, however, that “trade talks are continuing.”
— AFP
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