US President Donald Trump has instructed trade envoy Robert Lighthizer to set trade rates on all remaining goods imported from China. The Lighthizer office has confirmed that.
According to the trade envoy, the value of the goods for which the trade rates will apply is around 300 billion dollars. More details will be brought out later. Trump announced earlier on Friday that the rates are coming. He said on Twitter that it concerns trade rates of 25 percent on the remaining $ 325 billion worth of goods imported from China, after the import rates on some products from China were already raised to 25 percent on Friday.
China and the United States have negotiated trade issues in Washington in recent days, but that has not yet led to a solution to the trade dispute. According to Chinese Deputy Prime Minister Liu He it was agreed to continue talking in Beijing. He called the Washington talks “fair” and “constructive.”