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Trump announces to impose new 10% tariff on $300 billion Chinese goods from Sep 1

2 Aug 2019 15:42 reported by Jordan Huang

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Although Donald Trump and Chinese President Xi had both agreed on the meeting of Global of Twenty (G20) that the trade war would be ended and negotiation would be restarted, the agreement still so far away.

The US president, Donald Trump, had announced to levy a new tariff from September 1st by 10% on US$30 billion worth Chinese goods after the twelfth round of trade negotiations between China and the US on July 30th and 31st in Shanghai.

The reason for the decision was mainly because the negotiation reached a deadlock, and it seemed the Chinese government was not anxious to make the deal before the US presidential election, both caused Donald Trump to restart the trade war.

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