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Thursday, March 15, 2018
Trump Said To Be Seeking Tariffs On Up To $60 Billion in Chinese Tech and Telecommunications Items
President Donald Trump is seeking to hit China with tariffs on up to $60 billion in products, targeting the technology and telecommunications sectors, according to multiple reports. The tariffs could apply to products outside those two areas and could touch around 100 products, according to Reuters.House Ways & Means Committee Chairman Kevin Brady, R-Texas, told reporters Trump was "serious" about "calling their hand on this," referring to China. "My understanding is they are looking at a broad array of options to do that," he noted. The expected action will further heighten worries in U.S. agriculture that their products could end up being hit by China with retaliatory action.