Trump To Expand Tariffs To All Imports From China

Business Insider reports:

President Donald Trump said Thursday he will expand tariffs to virtually all imports from China on September 1, marking a significant escalation in a more than yearlong trade war between the largest economies.

“Trade talks are continuing, and……during the talks the U.S. will start, on September 1st, putting a small additional Tariff of 10% on the remaining 300 Billion Dollars of goods and products coming from China into our Country,” the president wrote on Twitter.

He accused China of reneging on past commitments, including buying more American agricultural products and stemming the flow of fentanyl to the US.