The United States is going to maintain 25 percent tariffs on $250 billion worth of Chinese imports and 7.5 percent tariffs on another $120 billion worth of Chinese imports, the Office of the US Trade Representative said in a press release on Friday
WASHINGTON (Pakistan Point News / Sputnik - 13th December, 2019) The United States is going to maintain 25 percent tariffs on $250 billion worth of Chinese imports and 7.5 percent tariffs on another $120 billion worth of Chinese imports, the Office of the US Trade Representative said in a press release on Friday."The United States will be maintaining 25 percent tariffs on approximately $250 billion of Chinese imports, along with 7.5 percent tariffs on approximately $120 billion of Chinese imports," the release said.
The United States and China have agreed to a phase one trade deal, freezing additional US tariffs that were planned to go into effect on December 15.