Increasing the pressure on Beijing, President Donald Trump has now proposed a higher 25 per cent tariff on $200bn worth of Chinese imports.
US Trade Representative Robert Lighthizer confirmed that Trump directed the increase from a previously proposed 10 per cent duty because China has refused to meet US demands and has imposed retaliatory tariffs on US goods.
“The increase in the possible rate of the additional duty is intended to provide the administration with additional options to encourage China to change its harmful policies and behavior and adopt policies that will lead to fairer markets and prosperity for all of our citizens,” Lighthizer said in a statement.
“We’ll have an update later today,” Sanders told reporters on Wednesday. “The president’s going to continue to hold China responsible for its unfair trade practices. This has gone on long enough, and he’s going to do something about it.”