Business
U.S. May Raise Tariffs to 25% on China
Jul.31 — The standoff between the U.S. and China could be heating up. Sources in Washington are telling Bloomberg the Trump administration will propose raising tariffs on $200B worth of imports from 10 to 25%. This comes just hours after signals the two sides are talking about talks to ease the rhetoric. Bloomberg’s Tom Mackenzie reports on “Bloomberg Markets: Asia.”
source