US readies second tariffs list on Chinese goods worth $100 bn - Reuters

Haresh Menghani FXStreet

According to a Reuters report, citing unnamed sources, the US has nearly completed a second list of tariffs on $100 billion in Chinese goods.

Key points:

• Washington prepares to announce a list of about $50 billion of goods to be targeted later on Friday.
• They are part of Trump’s decision to go forward with “pretty significant” tariffs.
• The $100 billion list will be subject to the same public comment and hearing process as the $50 billion list and could take 60 days or more to put into effect.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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