Sara Barba - China Tariffs

CHINA RESPONDS WITH TARIFFS ON US GOODS AFTER TRUMP'S TARIFFS ON CHINESE IMPORTS TAKE EFFECT

China's newly imposed tariffs of up to 15% on various US goods will take effect on Feb. 10.  China imposed tariffs on some U.S. imports early Tuesday morning in response to new tariffs President Donald Trump placed on Chinese goods beginning shortly after midnight.  Trump had signed an executive order authorizing a 10% additional tariff on imports from China.  The order also included a 25% additional tariff on imports from Canada and Mexico, and an additional 10% tax on energy imported from Canada, including oil, natural gas and electricity. The president has since agreed to a 30-day pause on the tariffs on Mexico and Canada.  The additional 10% tariff on all Chinese imports into the U.S. went into effect on Tuesday after Trump warned Beijing it was not doing enough to stop fentanyl from being trafficked into the country. Trump plans to speak to Chinese President Xi Jinping as early as later in the day on Tuesday, according to the White House.

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