Trump administration announces $22b in fresh tariffs on China

Trade war: US finalizes new batch of tariffs on $16bn of Chinese products

China Tariffs on $16B Finalized for August 23 by Trump Administration

Americans import far more from China than the other way around, however, meaning Beijing may at some point need to look for other means of retaliation. The tariffs go into effect on August 23.

The world's two biggest economies are locked in a trade dispute over Washington's charges that China uses predatory tactics in a drive to supplant USA technological supremacy.

The dollar value of exports rose 12.2 per cent in July compared to a year earlier, accelerating from revised growth of 11.2 per cent in the previous month.

USA industries and farmers have been caught in the crossfire, and the Trump administration announced $12 billion in aid to help farmers hurt by Chinese duties on crops such as soybeans.

The administration is readying tariffs of up to 25 percent on an additional $200 billion in Chinese products.

British politician Boris Johnson asked to apologize for burka comments
Labour's Naz Shah , shadow equalities minister, called for an independent inquiry into Islamophobia into the Tory party. Mr Lewis announced he agreed with Mr Burt in a Tweet calling on the former London mayor to say sorry.

The US says the tariffs are to penalise China for "unfair" trade practices.

USTR said there were 279 new goods to be targeted in the latest round of tariffs.

After a strong start to the year, growth in the world's second-largest economy cooled slightly in the second quarter, partly hit by the government's years-long efforts to tackle debt risks.

Chinese state media, reflecting the government's stance, has said China will not be cowed in the face of USA threats.

The government has responded by releasing more liquidity into the banking system, encouraging lending and promising a more "active" fiscal policy.

Great White Sharks Seen Off Truro; Beaches Closed
The researcher stands at a platform at the end of a boat with a GoPro attached to a long pole. A video from the Atlantic White Shark Conservancy was posted to YouTube on Monday.

In July the surplus with the United States was at $28.09 billion, down a touch from $28.93 billion in June, according to Reuters calculations based on customs data released on Wednesday.

Trump responded with a warning that the US would consider tariffs on another $100 billion in Chinese goods.

The Trump administration has finalized a new round of 25 percent tariffs on an additional $16 billion in Chinese imports.

Talks between China and the US have failed to produce an agreement on the issue, prompting China to retaliate with tariffs of its own and US President Donald Trump to escalate his threats.

Beijing has called on United States officials to be "cool headed", but fired back warning it would impose duties on an additional $60 billion in U.S. goods, a threat the White House dismissed as "weak".

Sunday storm chances followed by cooler weather
Tonight , a very weak disturbance will be rolling through which could touch off a few isolated showers or T'storms in the evening. After some areas of morning fog, some heat and humidity return for Wednesday with highs in the mid-80s.

President Donald Trump has suggested he may tax effectively all imports of Chinese goods, which reached more than US$500 billion previous year.

Latest News