Share: twitterTweet facebookShare

Trump to Impose Additional 10% Tariffs on iPhones, Toys, and More

Share: twitterTweet facebookShare

With the U.S. and China restarting trade talks in Shanghai this week, President Donald Trump has today made a surprise announcement on Twitter that he will impose an additional 10% tariff on $300 billion of Chinese-made products on September 1, including iPhones, Toys, and more, CNN is reporting.


According to a White House official, the tweet comes in the wake of a meeting this week at which the president got a report from Treasury Secretary Mnuchin and Trade Representative Robert Lighthizer on their recent meetings in Shanghai.

Watch the Latest Apple Technology News Below

“We look forward to continuing our positive dialogue with China on a comprehensive Trade Deal, and feel that the future between our two countries will be a very bright one!,” Trump said on Twitter.

The trade war between the U.S. and China has been going on for over a year and a half. Trump hiked tariffs to 25% from 10% on $200 billion in Chinese goods back in May, following which China said a trade deal will not be reached unless the existing duties were stripped.

Share: twitterTweet facebookShare