Trump slaps tariffs on $200 billion in Chinese goods, spares some consumer tech
Updated : September 18, 2018 07:10 AM IST
Trump, in a statement announcing the new round of tariffs, warned that if China takes retaliatory action against US farmers or industries, "we will immediately pursue phase three, which is tariffs on approximately $267 billion of additional imports."
If the Trump administration enacts a further round of tariffs on $267 billion in goods, engulfing all remaining US imports from China, the iPhone and its competitors would not likely be spared.
So far, the United States has imposed tariffs on $50 billion worth of Chinese products to pressure China to make sweeping changes to its trade, technology transfer and high-tech industrial subsidy policies.
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