Trump likely to impose tariffs on Chinese imports worth USD 200 billion next week

Trump has told aides he wants to move ahead on a plan to impose tariffs on Chinese imports worth $200 billion next week, Bloomberg News reported.

U.S. President Donald Trump has told aides he wants to move ahead on a plan to impose tariffs on Chinese imports worth $200 billion next week, Bloomberg News reported, further ratcheting up trade tensions between the world's two largest economies.

Both countries have levied tariffs on $50 billion on the other's goods and threatened more duties. U.S. and Chinese officials ended talks last week without major breakthroughs on alleviating trade issues.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)