UNITED STATES (VOP TODAY NEWS) — US President Donald Trump threatened to impose additional duties on Chinese goods totaling $ 325 billion.
“Now (May 10 – Ed.) We are raising (duties) up to 25%, it will be 250 billion dollars. And there will be 325 billion and 25%. We are starting to prepare documents today,” said Trump, speaking on Thursday in White house.
Last Sunday, Trump said that on May 10, he would increase duties on a number of Chinese goods from 10% to 25%, and did not rule out the introduction of duties on other goods. After statements by the American side in the media there were concerns that the Chinese side might cancel the upcoming trade talks in Washington, but on Tuesday the Chinese Commerce Ministry reported that Vice Premier of the PRC State Council Liu He would visit the United States on May 9-10 to continue consultations despite Trump’s threats .
This article is written and prepared by our foreign editors writing for VOP from different countries around the world – edited and published by VOP staff in our newsroom.
Contact us: email@example.com
VOP Today News — Breaking news source, real-time coverage of the world’s events, life, politics, business, finance, economy, markets, war and conflict zones.
We are the Voice of People — the only funding and support we get from people – we are categorically not funded by any political party, any government somewhere or from any grouping that supports certain interests – the only support that makes VOP possible came from you.