Washington Update

August 13th, 2018
By Angela Deng

US and China finalize tariffs on $16 billion of goods; more tariffs on the horizon while talks are pushed back by the administration

On Wednesday, the United States and China finalized their lists of $16 billion worth of goods on which they will impose 25 percent tariffs against each other starting August 23. Once the tariffs on the $16 billion of goods go into effect, the US and China will have imposed tariffs on a total of $50 billion of goods from each side. The United States...