Donald Trump hints at $50bn in tariffs on Chinese imports and IP
Washington — US President Donald Trump signaled his intention to impose tariffs on $50bn in Chinese imports and curbs on investments in sensitive technology, sending a hawkish message to Beijing days before the latest round of trade talks between the world’s two largest economies. In a statement on Tuesday, the White House said a final list of covered imports will be released by June 15 and the tariffs will be imposed "shortly thereafter". It’s the most specific the administration has been about when the duties will take effect. The White House also said new restrictions on Chinese investment and enhanced export controls will be announced by June 30, with implementation soon after. "The US will continue efforts to protect domestic technology and intellectual property (IP), stop non-economic transfers of industrially significant technology and IP to China, and enhance access to the Chinese market," the statement said. "The US will request that China remove all of its many trade barri...
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