Trump's Tariffs Could Hit $200 Billion of Chinese Goods

Trump's Tariffs Could Hit $200 Billion of Chinese Goods The United States could impose tariffs on roughly half of all Chinese goods entering the country by the end of the week. It's unclear whether the new tariffs will be set at 10% or 25%. The Trump administration imposed 25% tariffs on $34 billion of Chinese imports in July and another $16 billion last week. China is the United States' largest trading partner. The tariffs are meant to punish China for what the Trump Administration says are unfair trade practices. Many American business owners say the tariffs are hurting their companies.