Donald Trump says he plans to hit goods from china with another 10% rise in tariffs, the latest salvo in the U.S president’s steadily escalating trade fights.
President Trump also said he intended to move forward with a threatened 25% tax on imports from Canada and Mexico, which are set to come into effect on 4 march.
Imports from china already face tariffs of at least 10%, after a Trump order that went into effect earlier this month.
recall that, the us president previously announced the 25% duty on the country’s neighbors, but he suspended them at the last moment after the countries agreed to increase border security funding and talk further on how to combat drug trafficking.
China, Mexico and Canada are America’s top three trade partners.