US President Donald Trump ordered a tariff hike on almost all remaining imports from China yesterday. This comes less than 24 hours after Washington raised tariffs on approximately 200 billion US dollars of Chinese goods. The US President ordered the process of raising tariffs on essentially all remaining imports from China, valued at approximately 300 billion dollars, to begin.
President Trump had said yesterday that US and Chinese negotiators held two days of “candid and constructive” trade talks and discussions will continue. Meanwhile, China’s top trade negotiator Liu He said in Washington that trade talks with the US will continue in Beijing. He, however, warned that there will be no concessions on important principles.