Trump announces 25 percent tariff on Chinese technology

Reuters  |  WASHINGTON 

(Reuters) - on Friday announced that the will implement a 25 percent on $50 billion of goods from related to intellectual property and technology, and pledged to impose further levies if the Asian nation takes retaliatory measures.

Trump said the list includes goods from China's "Made in 2025" strategic plan to dominate high-technology industries that will "drive future economic growth for China, but hurt economic growth for the and many other countries."

(Reporting by and David Lawder; Editing by Jeffrey Benkoe)

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First Published: Fri, June 15 2018. 17:56 IST