Trump hikes tariffs on Chinese goods as trade talks resume

Published May 10, 2019 11:30am ET



The White House followed through Friday on a threat to hike existing tariffs on $250 billion worth of Chinese goods to 25% percent across the board, up from 10% in most cases, and began the process of placing 25% tariffs on a further $325 billion worth of goods.

China’s Commerce Ministry said that it “deeply regrets” the U.S. move and that it would respond, without elaborating on how.

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