The White House announced it is slapping tariffs of 10 percent on $200 billion in Chinese goods as tensions between the two economic giants rise.
“On January 1, the tariffs will rise to 25 percent,” President Donald Trump said in a statement. “Further, if China takes retaliatory action against our farmers or other industries, we will immediately pursue phase three, which is tariffs on approximately $267 billion of additional imports.”
The new import fees will kick in Sept. 24.
The Trump administration will exclude consumer products ranging from Smart watches, Bluetooth devices, bike helmets, industrial and agricultural chemicals and children’s playpens and car seats from the latest round of U.S. tariffs on Chinese imports.
The announcement came as the administration made a number of headline-grabbing announcements amid the fracas over sexual misconduct allegations against Supreme Court nominee Brett Kavanaugh.
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Ellyn Ferguson contributed to this report.