Trump to propose 25 percent tariff on $200 billion of Chinese imports: source

Reuters  |  WASHINGTON 

(Reuters) - The plans to propose a 25 percent on $200 billion in Chinese imports and an announcement could come as early as Wednesday, a source familiar with the plan said on Tuesday.

had initially announced it would seek to impose a of 10 percent on $200 billion of Chinese imports, and raising the level to 25 percent would escalate the dispute over trade between the world's two biggest economies.

(Reporting by Steve Holland; Writing by Mohammad Zargham; Editing by Eric Beech)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, August 01 2018. 06:44 IST