The president has also announced that existing 25

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The president has also announced that existing 25% tariffs on a separate group of $250 billion of Chinese imports will increase to 30% on 1 October. Once all the measures have taken effect by December, nearly all of China’s $540bn worth of exports to the US will be subject to the levies. The US trade representative’s office said on Thursday it would collect public comments until 20 September on a planned tariff increase to 30% on a $250bn list of goods already hit with a 25% tariff. Trade teams from China and the United States continue to talk and will meet this month, but tariff hikes on Chinese goods set to go in place on Sunday will not be delayed, Trump has said. For two years, the Trump administration has sought to pressure China to make sweeping changes to its policies on intellectual property protection, forced transfers of technology to Chinese firms, industrial subsidies and market access. China has consistently denied Washington’s accusations that it engages in unfair trade practices, vowing to fight back in kind and criticising US measures as protectionist.
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