President Donald Trump Signs Presidential Memorandum Imposing Tariffs And Investment Restrictions On China

- Mar 23, 2018-

On Friday morning (Beijing time), US President Donald Trump announced the US will impose tariffs on $50 billion of Chinese goods over "intellectual property theft."

The ministry plans to impose 15 percent tariff on 120 types of products, like fruits, nuts, wine and seamless tubes, worth $977 million. A 25 percent tariff will be imposed on products that include pork and recycled aluminum products.