Tariff on chinese product worth 110 billion which

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tariff on Chinese product worth $110 billion which ends with the high-level trade talk later this month. Sunday's tariff action is the first part of a round of U.S. duties on $300 billion worth of Chinese goods. The rest of the round, which applies to consumer electronics like smartphones, has been pushed back until December. U.S. President Donald Trump had agreed at a June meeting with Chinese President Xi Jinping to hold off on new tariffs. But he announced a new round after late-July trade talks in Shanghai failed to yield the results his administration had sought. China already has imposed retaliatory tariffs on most of its goods imports from the U.S. and has little ammunition left for responding in
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kind. But the Chinese Commerce Ministry hinted in late August that the U.S. would need to scrap its planned new tariffs for the talks were supposed to be hold a cabinet- meeting among two countries in Washington. Trump’s list of items to be tariffed has come in four stages. The first two affected roughly $50 billion of the United States’ $500 billion worth of imports from China. The third list, which went into effect on September 24, 2018, affects $200 billion worth of goods. List 4, not yet in place,
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