via President Trump proposes $100 billion more in new tariffs on China – AOL News

WASHINGTON, April 5 (Reuters) – President Donald Trump said on Thursday he had instructed U.S. trade officials to consider $100 billion in additional tariffs on China, fueling an already heated trade dispute between the world’s two biggest economies.

Trump said in a statement the further tariffs were being considered “in light of China’s unfair retaliation” against earlier U.S. trade actions that included $50 billion of tariffs on Chinese goods.

He added that the U.S. Trade Representative had determined that China “has repeatedly engaged in practices to unfairly obtain America’s intellectual property.”

via President Trump proposes $100 billion more in new tariffs on China – AOL News

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